UAE will defend industries after U.S. dumping accusations
(WorldNews Business)

By Alexander Cornwell Sept 20 (Reuters) - The United Arab Emirates (UAE) will spare no efforts to defend its industries after the United States found that UAE companies were dumping carbon and alloy steel wire rod in the U.S. market, the Gulf state said on Wednesday. The U.S. Commerce Department said in an initial finding on Sept. 6 that exporters from the UAE had sold wire rod products at 84.1 percent below fair value and that it would ask U.S. customs to collect duties. The UAE Ministry of Economy told Reuters it was `paying close attention` to the investigations and would...