TIAPEI: Malaysia’s Ministry of International Trade and Industry (MITI) has launched an anti-dumping investigation into cold rolled stainless steel (CRSS) imports from Taiwan, China, Korea and Thailand, according to a statement released by Taiwan’s Bureau of Foreign Trade.
Bahru Stainless, a Malaysian CRSS manufacturer, filed a petition to the Malaysian government on May 17 to look into the stainless steel products being imported from the above-listed nations that were being retailed at a lower price than domestic steel products causing the petitioner to incur material injury, according to a MITI press release.
The Malaysian government launched a preliminary investigation in accordance with the Countervailing and Anti-Dumping Duties Act 1993 and related regulations, and a preliminary ruling will be made within 120 days from the date of initiation.
If the findings affirm steel imported from the alleged markets is considered dumping, the Malaysian government will impose an anti-dumping duty at the rate that is necessary to prevent further damages caused to the petitioner.
CSSR products under the anti-dumping investigation include steel pipes, medical equipment, kitchenware, building construction material, electronic products and others.
