Saudi Arabian Amiantit announces the issuance of the General Authority of Foreign Trade's decision to accept and commence investigation procedures into the anti-dumping complaint filed by its subsidiary Saudi Arabian Ductile Iron Pipe Manufacturing Company Ltd. against imports by the Republic of India of the product of hollow pipes and tubes, cast iron (ductile iron pipe)
| Element List | Explanation |
|---|---|
| Introduction | Saudi Arabian Amiantit Company is pleased to announce the issuance of the General Authority of Foreign Trade's decision dated 28-01-1447H corresponding to 23-07-2025G accepting and commencing investigation procedures into the anti-dumping complaint filed by Saudi Arabian Ductile Iron Pipe Manufacturing Company Ltd. (a 100% owned subsidiary) jointly with another Saudi company producing the same product against imports by the Republic of India of hollow pipes and tubes, of cast iron (ductile iron pipe). |
| Lawsuit Opponent | Imports of the Republic of India of ductile iron pipes (pipes and hollow tubes, cast iron) under customs item (730300000001) according to the Harmonized System code certified by the Zakat, Tax and Customs Authority. |
| Name of the Plaintiff | Saudi Arabian Ductile Iron Pipe Manufacturing Co. Ltd. (a 100% owned subsidiary) jointly with another Saudi company producing the same product. |
| Type of the Lawsuit | Anti-dumping complaint |
| Name and Location of the Competent Judicial Authority | General Authority of Foreign Trade – Kingdom of Saudi Arabia |
| Date of Submitting the Lawsuit | 2025-07-23 Corresponding to 1447-01-28 |
| Summery of the Lawsuit and its Reasons | The subsidiary company filed an anti-dumping complaint with the aim of protecting the ductile iron pipe industry for diameters from 100 mm to 1000 mm for K9 and C Class to C40 technical specifications, as a result of the sharp decline in the import prices of this product from the Republic of India. This has led to a decrease in the company's market share, a decrease in its production capacity, which reflected negatively on the growth of the company's business and affected the level of its sales contribution within the Kingdom |
| Expected Financial Impact Including the Claimed Sums, Fees and any other Charges | At this stage, it is not possible to determine the exact financial impact, but the imposition of anti-dumping duties would, God willing, contribute to the increase in the company's sales in the sector of hollow pipes and pipes, of cast iron (ductile iron pipe) and the increase in the company's sales with the contractors and government agencies in the percentage of local content, which will reflect positively on the company's performance in general. |
| Any Substantial Legal, Regulatory, or Operational Risks that may Result from the Lawsuit, including the Results of such Impact on the Company's Financial, Legal or Operational Standing | There isn't any |
| Measures Taken by the Company, including the Estimation of the Potential Liability Resulting from the Lawsuit | Continue to follow up and actively participate in all stages of the investigation, in coordination with the concerned authorities, with the aim of speeding up the application of temporary anti-dumping duties to reduce the damages faced by ductile iron pipe manufacturers, in preparation for imposing final anti-dumping duties on imports of this product from the Republic of India. |
| Additional Information | The anti-dumping complaint was filed in cooperation with the lawyer and legal representative of the company in this case, Mr. Abdullah bin Mohammed Al-Dosari.
Any material developments will be announced later. |
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