Malaysia has imposed provisional anti-dumping duties of between 4.41% and 35.06% on certain flat-rolled steel imports from China, Taiwan and Vietnam following preliminary findings that the products were being dumped, which may adversely affect domestic steel producers.
According to the Ministry of Investment, Trade and Industry (MITI), the provisional duties will take effect on Saturday and remain in force for up to 120 days while the anti-dumping investigation continues.
The duties apply to selected flat-rolled alloy and non-alloy steel products coated or plated with aluminum and zinc that originate from or are exported by the three jurisdictions. MITI said its preliminary assessment found sufficient evidence of dumping and potential injury to the local industry, justifying the continuation of the investigation and the introduction of temporary trade measures.
The anti-dumping investigation was launched on July 17, after NS BlueScope Malaysia filed a petition on behalf of the domestic steel industry.
The company alleged that certain steel products from China, Taiwan and Vietnam were being sold in Malaysia at prices lower than those in their respective home markets, resulting in material injury to local producers. MITI said the provisional duties are intended to prevent further harm to the domestic industry while the investigation remains ongoing.
The provisional duties will be collected through guarantees equivalent to the dumping margins identified during the preliminary assessment. The probe is being carried out under the Countervailing and Anti-Dumping Duties Act 1993 and the Countervailing and Anti-Dumping Duties Regulations 1994.
MITI also clarified that the preliminary determination does not represent the conclusion of the investigation, as additional assessments must be completed before a final decision is reached.
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