Posted on 22 Jan 2016
MITI Completes Anti-dumping Investigation On Steel Coils From China, Vietnam
The Ministry of International Trade and Industry (Miti) has completed
the anti-dumping investigation on the imports of steel coils from China
and Vietnam.
In a statement Friday, it said the detailed investigation on producers
and importers in Malaysia, as well as producers/exporters from the two
countries, was in accordance with the countervailing and Anti-dumping
Duties Act, 1993.
The investigation was on pre-painted, painted or colour-coated steel coils (PPCCSC) from the alleged countries.
A petition was filed by FIW Steel Sdn Bhd on behalf of the domestic
industry producing PPCCSC, who alleged the Chinese and Vietnamese
imports were cheaper than the selling price in the domestic market of
the alleged countries.
All producers and exporters from China were imposed anti-dumping duties
of 52.1 per cent, Vietnam's Maruichi Sun Steel Joint Stock Company
(12.06 per cent), NS Bluescope Vietnam Ltd (34.85 per cent), other
producers/exporters (34.85 per cent,) while Nam Kim Steel Joint Stock
Company is not eligible for any anti-dumping duties.
"The Royal Malaysian Customs will enforce the collection of
anti-dumping duties and this measure will be effective for five years,
from Jan 24, 2016.
"With the imposition of anti-dumping duties on imports of PPCCSC from
the alleged countries, it is expected that the issue of unfair trade
practices will be addressed," Miti said.
Interested parties can have access to the non-confidential version of
the public report on the final determination by submitting a written
request to Miti.
