KUALA LUMPUR – The government will impose anti-dumping duties on imports of cold-rolled coils of alloy and non-alloy steel of thicknesses between 0.20mm and 2.60mm and widths between 700mm and 1,300mm originating or exported from China, South Korea, and Vietnam.
The duties imposed are between 7.42% and 42.08%.
The government has also made a final determination that the anti-dumping duties will not be imposed on imports of tin mill black plate and subject merchandise for automotive end-usage, the International Trade and Industry Ministry said today.
“The Customs Department will enforce the collection of anti-dumping duties for a period of five years, effective October 9, 2021 to October 8, 2026.
“With the continuation of the imposition of anti-dumping duties on imports of the subject merchandise from China, South Korea, and Vietnam, it is expected that the issue of unfair trade practices will be addressed,” the ministry said in a statement here today.
The ministry said the duties on Bengang Steel Plates Co. Ltd, BX Steel POSCO Cold Rolled Sheet Co. Ltd, and Jiangsu Shagang International Trade Co. Ltd, all from China, were 42.08%, 35.89%, and 42.08%, respectively. Duties on other companies from China will also be 42.08%.
As for South Korea, duties on Hyundai Steel Company are 11.55% and nil on Posco. Other companies from the country will be imposed 21.64%.
For China Steel Sumikin Viet Nam Joint Stock Company from Vietnam, a 33.70% duty will be imposed. Posco-Viet Nam Co. Ltd. gets 7.42%, and other companies will be imposed a quantum of 33.70% as well, it said.
On April 12, the government initiated a sunset review on the imposition of anti-dumping duties with regard to imports of cold-rolled coils of alloy and non-alloy steel of thicknesses between 0.20mm to 2.60mm and width between 700mm to 1,300mm originating or exported from China, South Korea, and Vietnam into Malaysia.
The investigation was initiated based on a petition filed by Mycron Steel CRC Sdn Bhd, on behalf of the domestic industry producing such products.
Pursuant to subsection 28(8) of the Countervailing and Anti-Dumping Duties Act 1993, the administrative review was carried out by the government to determine whether the continued imposition of anti-dumping duties is necessary to offset dumping, or if injury would be likely to continue to recur if the duty were removed or varied.
In accordance with the Countervailing and Anti-Dumping Duties Act 1993 and the Countervailing and Anti-Dumping Duties Regulations 1994, the government had conducted and completed the administrative review before the decision to impose the anti-dumping duties arrived, it said. – Bernama, October 15, 2021
