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Malaysia launches probe on alleged dumping of CR stainless steel- The 18th China(Guangzhou) Int’l Plate metal, Bar, Wire, Metal Processing &Setting Equipment Exhibition
5/17/2017 plate metal expo-wire expo |
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The Star reported that the Malaysian government has launched a preliminary investigation on cold rolled stainless steel imports that originate in, or are exported from, China, South Korea, Taiwan and Thailand. Malaysia’s International Trade and Industry Ministry said that the government received a petition on April 17 from a domestic producer requesting an anti-dumping probe on imports of CRSS.
The petitioner alleged that imports of CRSS from the three countries were being dumped into Malaysia at prices much lower than their domestic prices. Miti said the petitioner further claimed that imports from the alleged markets had increased in terms of absolute quantity and that the petitioner suffered material injury.
It said "The Government has considered the evidence of dumping, injury and causal link and decided to initiate a preliminary investigation on imports of CRSS from the alleged markets. In accordance with the Countervailing and Anti-Dumping Duties Act 1993 and its related 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 an anti-dumping duty at the rate that is necessary to prevent further injury."
In connection with the CRSS probe, Miti will provide a set of questionnaires to interested parties, including importers, foreign producers, exporters and associations. Other interested parties may request for the questionnaires no later than May 29. Interested parties may also provide additional supporting evidence to Miti by June 15.
Miti said if no additional information was received within the specified period, the
Government would make its preliminary findings based on the available facts.
-- The 18th China(Guangzhou) Int’l Plate
metal, Bar, Wire, Metal Processing &Setting Equipment Exhibition
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