dads

Malaysia slaps duties on Vietnamese steel

Created 07 September 2019
  • PDF
Editor Choice
dads
Share
(0 votes, average 0 out of 5)

Malaysia has imposed temporary anti-dumping duties of 3.70 - 20.13 percent on cold-rolled and non-alloy steel imported from Vietnam.

They will apply for 120 days, starting retrospectively from August 26, according to the Department of Trade Remedies under the Ministry of Industry and Trade.

The decision follows a recent investigation by Malaysia’s Ministry of International Trade and Industry of steel imports from four countries, Vietnam, China, Japan, and South Korea, for dumping.

It has also slapped preliminary duties of 3.98 – 26.38 percent on China, 26.39 percent on Japan and 0-3.84 percent on South Korea, the department said.

Vietnamese producers have the right to complain about the decision to Malaysia before September 13, it said.

Indonesia has also commenced a dumping investigation into imports of cold-rolled galvanized steel products from Vietnam and China, the department added.

Vietnamese steel products have also attracted dumping investigations by Malaysia and Thailand and  since the beginning of this year.

 

Source: VNE

Maybe You Also Interesting :

» Migrants tell of life inside shoebox apartments

Low-income workers squeezed between high rents and subpar housing are forced to make do with their tiny flats in HCMC.

» Vietnam Coast Guard commander sacked over dereliction of duty

Lieutenant General Nguyen Van Son has been dismissed as Commander of the Vietnam Coast Guard for violations of Party and government regulations that happened...

» 28 wind farms qualify for early incentive price

Twenty-eight wind power plants have qualified for the incentive feed-in tariff for early operation which the government offered to stimulate investment in...