Kuala Lumpur (VNA) - Malaysia’s Ministry 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./.
