PETALING JAYA: The government has imposed provisional anti-dumping duties concerning imports of flat rolled product of non-alloy steel plated or coated with aluminium and zinc originating or exported from China, Korea and Vietnam.
“Provisional anti-dumping duties ranging from 2.17% to 37.14% will be applied on imports of subject merchandise from the alleged countries and will be effective not more than 120 days from Aug 14, 2020,“ said the International Trade and Industry Ministry (Miti) in a statement today.
Miti said the provisional measure is in the form of provisional anti-dumping duties guaranteed by a security equivalent to the amount of the dumping margins determined in the preliminary determination.
The government has completed the preliminary determination of the anti-dumping investigation and found that there are sufficient evidences to continue with further investigation on the importation of subject merchandise from the alleged countries as provided under Section 23 of the Countervailing and Anti-Dumping Duties Act 1993.
A final determination will be made no later than Dec 11, 2020.
“Interested parties, such as importers, foreign producers/exporters and associations related to the investigation can have access to the non-confidential version of the report on the preliminary determination by submitting a written request to Miti,” it said.
The investigation has been initiated in accordance with the Act and Countervailing and Anti-Dumping Duties Regulation 1994 on March 17, 2020 based on a petition filed by NS Bluescope (Malaysia) Sdn Bhd on behalf of the domestic industry producing the like product.
The petitioner (NS Bluescope) has claimed that imports of subject merchandise originating or exported from the alleged countries are being imported into Malaysia at a price lower than the selling price in their domestic market. The petitioner claimed that this has caused material injury to the domestic industry in Malaysia.
source https://www.thesundaily.my/business/govt-imposes-provisional-anti-dumping-duties-on-steel-imports-from-china-korea-vietnam-DJ3478173
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