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

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.