Kuala Lumpur: Malaysia has announced the imposition of definitive anti-dumping duties on the importation of specific flat-rolled products of iron or non-alloy steel from China, India, Japan, and South Korea. This decision follows an investigation into the alleged dumping of these products from the aforementioned countries, aimed at assessing the existence, degree, and impact of such practices.

According to BERNAMA News Agency, the Ministry of Investment, Trade and Industry (MITI) initiated the anti-dumping duty investigation on August 14, 2024. The focus was on imports of flat-rolled products of iron or non-alloy steel, specifically those with a width of 600mm or more, clad, plated, or coated with tin. This action was based on a petition filed by Perusahaan Sadur Timah Malaysia Bhd.

The investigation concluded that the subject merchandise is being imported into Malaysia at prices lower than those in the alleged countries, resulting in material injury to Malaysia’s domestic industry producing similar products. Consequently, MITI will impose definitive anti-dumping duties on imports from China, India, Japan, and South Korea, with rates ranging from 4.48% to 36.80%, depending on the country of origin.

The Royal Malaysian Customs Department is tasked with enforcing the collection of these duties over a five-year period, effective from May 11, 2025, to May 10, 2030. The imposition of these duties aims to mitigate the effects of unfair trade practices.

MITI also announced that interested parties, including local producers, importers, foreign producers, exporters, and registered trade associations, can access the non-confidential version of the final determination report by submitting a written request to the ministry’s Trade Practices Section.