Malaysia imposes maximum anti-dumping duty of 13.68 per cent on cold rolled steel from VN

HÀ NỘI — The Malaysian Ministry of International Trade and Industry (Miti) has revised anti-dumping duties imposed on imports of cold rolled coils of alloy and non-alloy steel originating or exported from China, the Republic of Korea (RoK) and Việt Nam.

According to the Trade Remedies Authority of Việt Nam, anti-dumping duties for Việt Nam would stand at  二- 一 三. 六 八 per cent.

The duty is now set at two per cent for POSCO Vietnam Co Ltd and  一 三. 六 八 per cent for China Steel Sumikin Viet Nam Joint Stock Co and others.

The revised anti-dumping duties are effective from May  八,  二0 一 九  to May  二 三,  二0 二 一.

The anti-dumping duties for Chinese steel producers are now  三 五. 八 九 per cent and  四 二.0 八 per cent, while for South Korean producers they've been set at  一 一. 五 五 per cent and  二 一. 六 四 per cent.

The Malaysian Government on November  九,  二0 一 八 initiated an investigation into anti-dumping duties imposed on imports of cold rolled coils of alloy and non-alloy steel originating from the three countries based on a petition filed by CSC Steel Sdn. Bhd. on behalf of the domestic industry.

The petition claimed there had been a substantial change in the dumping margin for imports of subject merchandise by producers or exporters from China, RoK and Việt Nam since the imposition of the anti-dumping duties on imports of cold rolled coils of alloy and non-alloy steel on May  二 四,  二0 一 六, according to Miti’s press release.

In early April, Malaysia announced it would initiate an anti-dumping duty investigation into imports of cold-rolled coils of iron or non-alloy steel originating or exported from four countries, including Việt Nam, China, Japan and South Korea based on a petition lodged by Malaysian producer Mycron Steel CRC Sdn Bdh. — VNS