Miti to probe into tin-plated steel imports over dumping concerns

This after local firm Perstima requests review of such products from China, India, Japan and South Korea

12:30 PM MYT

 

KUALA LUMPUR – The Investment, Trade, and Industry Ministry will initiate an investigation into anti-dumping duties on flat-rolled iron or non-alloy steel products that are 600mm or wider and either coated, plated or clad with tin (electrolytic tinplate or tinplate).

This investigation follows a petition from the local company Perusahaan Sadur Timah Malaysia (Perstima) Bhd, which has requested a review of imports from China, India, Japan and South Korea.

It said the petitioner has alleged that these imports were sold at prices significantly lower than their domestic selling prices in the named countries (dumped prices).

“In accordance with the Act and the Regulations, a preliminary determination will be made within 120 days from the date of initiation.

“If the preliminary determination is affirmative, the government will impose a provisional anti-dumping duty at a rate necessary to prevent further injury to the domestic industry,” it said in a statement.

Miti will send out questionnaires and related documents to relevant stakeholders, such as importers, foreign exporters or producers of the merchandise in the specified countries, trade associations and the governments of those countries.

Parties interested in participating in the investigation must request the questionnaires in writing from Miti by August 29, 2024.

“Interested parties may also submit their views in writing, along with questionnaire responses and additional supporting evidence, to Miti by September 13, 2024.

“In the event that interested parties fail to provide the necessary information or submit inadequate information and views within the specified time limit, the government may base its preliminary determination on the available facts,” it added. – August 15, 2024

Topics

 

Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

FashionValet a loss-making entity before and after Khazanah, PNB’s RM47 mil investment

GLICs bought stakes in 2018, company records show total RM103.3 million losses after tax from 2017 to 2022

Influencer who recited Quran at Batu Caves accused of sexual misconduct in Netherlands

Abdellatif Ouisa has targeted recently converted, underage Muslim women, alleges Dutch publication

Related