Posted on 02 Feb 2015
Malaysia has decided to terminate its investigation on imported steel concrete reinforcing bars (rebar) into the country after determining that the imports did not threaten the domestic industry.
The Ministry of International Trade and Industry (Miti) said in a statement last Friday that the decision was made following the completion of an investigation into a claim that the imports of rebar from China and South Korea had posed serious injury to the domestic industry.
The investigation was initiated on Sept 2, 2014 after the Investigating Authority (IA) received a petition from Ann Joo Steel Bhd on the matter.
"However, based on paragraph 23(2)(b) of the Countervailing and Anti-Dumping Duties Act 1993, the government has decided to terminate this investigation," said the ministry.
"The government has determined that the termination of the investigation with regard to the imports of rebar in straight length form, specifically excluding the reinforcing bar in plain rounds form, which is a non-deformed or smooth reinforcing bar in straight length form, equal to or less than 6 meters for non-construction industry usage classified under Harmonized System Code," it added.
