Geopolitics Alpha

Circular Welded Carbon-Quality Steel Pipe From the United Arab Emirates: Final Results of Antidumping Duty Administrative Review; 2023-2024

Published . Updated .

The U.S. Department of Commerce (Commerce) determines that producers/exporters subject to this review made sales of subject merchandise at less than normal value (NV) during the period of review (POR), December 1, 2023, through November 30, 2024.

Directly affected

  • No company is named in this report.

Indirectly affected

  • CMC COMMERCIAL METALS CO

    GA selected CMC as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • CRML CRITICAL METALS CORP PUBCO ORD SHS

    GA selected CRML as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • MP MP MATERIALS CORP

    GA selected MP as a RELATED security because its canonical security name directly matches this event's themes: materials. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • NEWP NEW PAC METALS CORP F

    GA selected NEWP as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • PLG PLATINUM GROUP METALS LTD

    GA selected PLG as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • RYAM RAYONIER ADVANCED MATERIALS

    GA selected RYAM as a RELATED security because its canonical security name directly matches this event's themes: materials. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CMC———————
CRML———————
MP———————
NEWP———————
PLG———————
RYAM———————

The U.S. Department of Commerce (Commerce) determines that producers/exporters subject to this review made sales of subject merchandise at less than normal value (NV) during the period of review (POR), December 1, 2023, through November 30…

Source: Federal Register

Price since this story was published: Commercial Metals (CMC)

Since the first closing price after “Circular Welded Carbon-Quality Steel Pipe From the United Arab Emirates: Final Results of Antidumping Duty Administrative Review; 2023-2024,” Commercial Metals (CMC) is +1.99%. The S&P 500 fund (SPY) is -1.36% over the same days, a +3.35% difference versus the market.

CMC
SPY

Who gains and who loses around Commercial Metals (CMC)

Companies mentioned with this story

  • CMC Commercial Metals

    For “Circular Welded Carbon-Quality Steel Pipe From the United Arab Emirates: Final Results of Antidumping Duty Administrative Review; 2023-2024,” Commercial Metals (CMC) is linked, with no stored direction, medium confidence. Reason on file: GA selected CMC as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CRML Critical Metals

    In “Circular Welded Carbon-Quality Steel Pipe From the United Arab Emirates: Final Results of Antidumping Duty Administrative Review; 2023-2024,” Critical Metals (CRML) is linked, with no stored direction, medium confidence. Reason on file: GA selected CRML as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • MP MP Materials Corp. / DE

    MP Materials Corp. / DE (MP) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Circular Welded Carbon-Quality Steel Pipe From the United Arab Emirates: Final Results of Antidumping Duty Administrative Review; 2023-2024.” Reason on file: GA selected MP as a RELATED security because its canonical security name directly matches this event's themes: materials. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • NEWP New Pacific Metals

    In “Circular Welded Carbon-Quality Steel Pipe From the United Arab Emirates: Final Results of Antidumping Duty Administrative Review; 2023-2024,” New Pacific Metals (NEWP) is linked, with no stored direction, medium confidence. Reason on file: GA selected NEWP as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • PLG Platinum Group Metals

    Platinum Group Metals (PLG) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Circular Welded Carbon-Quality Steel Pipe From the United Arab Emirates: Final Results of Antidumping Duty Administrative Review; 2023-2024.” Reason on file: GA selected PLG as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • RYAM Rayonier Advanced Materials

    For “Circular Welded Carbon-Quality Steel Pipe From the United Arab Emirates: Final Results of Antidumping Duty Administrative Review; 2023-2024,” Rayonier Advanced Materials (RYAM) is linked, with no stored direction, medium confidence. Reason on file: GA selected RYAM as a RELATED security because its canonical security name directly matches this event's themes: materials. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Commercial Metals (CMC)

“Circular Welded Carbon-Quality Steel Pipe From the United Arab Emirates: Final Results of Antidumping Duty Administrative Review; 2023-2024” (6 Oct 2026) reaches Commercial Metals (CMC) through this story.

What ties Commercial Metals (CMC) to the headline is this: GA selected CMC as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Critical Metals (CRML) is here too. Its reason reads: GA selected CRML as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for Commercial Metals (CMC), and the dates in the story

CMC traded between 60.61 and 69.41 across 20 sessions. The latest close on file is 64.54. CRML traded between 5.91 and 9.23 across 20 sessions. The latest close on file is 6.50. MP traded between 38.61 and 51.35 across 20 sessions. The latest close on file is 38.97.

How strong the case is around Commercial Metals (CMC)

54 out of 100

“Circular Welded Carbon-Quality Steel Pipe From the United Arab Emirates: Final Results of Antidumping Duty Administrative Review; 2023-2024” scores 54 out of 100. The score uses 2 sources, and 6 linked companies.