Malaysia imposes anti-dumping tax on cold-rolled steel from Indonesia, Vietnam
Topics: MALAYSIA INDONESIA VIETNAM
A preliminary probe, conducted on behalf of the sole Malaysian producer of the product, found sufficient evidence warranting further investigation into the importation of cold- rolled stainless steel in coils, sheets or any other form, it said.
"The government therefore has decided to impose a provisional measure, which shall be in the form of provisional anti-dumping duties guaranteed by a security," the ministry said.
The security would be equivalent to the amount of the dumping margins determined in the preliminary probe, it said.
The duties range between 7.73% to 34.82%, and would be imposed no longer than 120 days from Dec. 26 this year.
A final determination on the ministry's probe will be made by April 31. ■