Pro­vi­sional anti-dump­ing du­ties on gal­vanised iron from China, Vien­tam

The Sun (Malaysia) - - SPEAK UP -

PETAL­ING JAYA: The govern­ment is im­pos­ing pro­vi­sional anti-dump­ing du­ties rang­ing from -3.33% to 16.13% on im­ports of gal­vanised iron from China and Viet­nam.

They will be ef­fec­tive for not more than 120 days from Nov 8, 2018, ac­cord­ing to the In­ter­na­tional Trade and In­dus­try Min­istry.

The move fol­lows the com­ple­tion of the pre­lim­i­nary de­ter­mi­na­tion with re­gard to the anti-dump­ing in­ves­ti­ga­tion con­cern­ing im­ports of flat rolled prod­ucts of iron al­loy or non-al­loy steel, plated or coated with zinc, us­ing hot dip process orig­i­nat­ing in or im­ported from China and Viet­nam.

The in­ves­ti­ga­tion was ini­ti­ated in ac­cor­dance with the Coun­ter­vail­ing and Anti-Dump­ing Du­ties Act 1993 and Coun­ter­vail­ing and Anti-Dump­ing Du­ties Reg­u­la­tions 1994 on July 25, 2018 based on a pe­ti­tion filed by FIW Steel Sdn Bhd on be­half of the do­mes­tic in­dus­try pro­duc­ing gal­vanised iron.

The pe­ti­tioner al­leged that im­ports of gal­vanised iron from China and Viet­nam are be­ing dumped into Malaysia at a price much lower than their do­mes­tic sell­ing price, caus­ing ma­te­rial in­jury to the do­mes­tic in­dus­try in Malaysia.

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