Malaysia has imposed provisional anti-dumping duties on certain iron and steel imports from China, South Korea, and Vietnam, following preliminary findings that the goods were being imported at unfairly low prices.
In a statement issued Friday, the Ministry of Investment, Trade and Industry (MITI) said the initial determination under Section 23 of the Countervailing and Anti-Dumping Duties Act 1993 found sufficient evidence of dumping of galvanised iron and steel coil and sheet products into the Malaysian market.
To mitigate further damage to the domestic industry, MITI announced a provisional anti-dumping duty, in the form of a bank guarantee, based on identified dumping margins ranging from 3.86% to 57.90%. These duties will take effect from July 7, 2025, and remain in place for up to 120 days, pending the outcome of the final investigation, which is expected by November 3, 2025.
The investigation was initiated on February 6, following a formal petition submitted by CSC Steel Sdn Bhd, a major Malaysian producer of galvanised steel products. The company claimed that imports from the three countries were entering the market at prices below their domestic selling prices, causing material injury to Malaysia's local industry.
MITI clarified that the investigation is being carried out under the Countervailing and Anti-Dumping Duties Regulations 1994 and confirmed that it will proceed based on the preliminary evidence.
The ministry is inviting interested parties—including importers, foreign producers, exporters, and industry associations—to submit comments or views regarding the preliminary determination. Submissions must be filed no later than July 14, 2025.
Source: TheStar (MY)
Bd-pratidin English/ Jisan
