Malaysia continues anti-dumping probe into imported steel coils
MITI said the decision to impose the duties, in the form of a bank guarantee and ranging from 3.86 to 57.90%, was made after preliminary investigations found sufficient evidence that these imports were brought into Malaysia at dumped prices.
Kuala Lumpur (VNA) - Malaysia’s Ministry꧒ of Investment, Trade and Industry (MITI) recently announced that it had found sufficient evidence indicating that galvanised steel coils and sheets imported from China, the Republic of Korea, and other countries were being sold at unfairly low prices. As a result, provisional anti-dumping duties will be imposed 🅷during the ongoing investigation.
MITI said the decision to impose the duties, in the form of a bank guarantee and ranging from 3.86 to 57.90%, was made after preliminary investigations found sufficient evidence that these imports were brought into Malaysia at dumped prices.
The imposition of temporary anti-dumping duties will be effective for a period not exceeding 120 days, starting from July 7, 2025. A final determination will be made on or before November 3, 2025.
The government initiated the anti-dumping investigation on February 6 and, based on the preliminary findings, the investigation will continue.
The petitioner, representing the domestic industry producing similar goods, alleged that the products originating from China, the Republic of Korea and Vietnam were imported at prices below their respective domestic markets, causing material injury to Malaysian manufacturers.
MITI said interested parties, including importers, producers, foreign exporters and relevant associations, are invited to submit their comments or views on the preliminary determination report. Submissions must be made by July 14./.
Malaysia’s consistent approach of diversifying into new markets has allowed the country to stay competitive and resilient against external pressures, said an official of the Malaysian Ministry of Trade, Investment and Industry.
Malaysian Inland Revenue Board (IRB) deputy chief executive officer (Tax Operations) Shaharrudy Othman said approximately 55,000 taxpayers are expected to be onboarded in this phase, and expressed confidence that the take-up rate would mirror previous phases.
Anti-dumping duties will continue to be imposed on producers from China and Japan while those on relevant exporters from the RoK and Vietnam will be terminated, starting from June 23.
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