The Ministry of International Tradeand Industry of Malaysia has decided to continue imposing anti-dumping dutieson pre-painted, painted or colour-coated steel coils originating fromChina and Vietnam. The duties are valid for another five years from20 July 2021 and will expire on 19 July 2026, Powerson notes.
PPGI products subject to investigation are classified under HS codes 7210.7021, 7210.7029 and 7210.7090. Domestic producer CSC Steel filed a petition to extend theduties.
The Malaysian government has maintained the same tax rates for Chinese exporters and other Vietnamese exporters since 2016, at 52.1% and 34.85% respectively. Meanwhile,Maruichi Sun Steel Joint Stock Company is subject to a duty of 12.06%,also unchanged from the 2016 tax rate. NS Bluescope Vietnam Limited will alsoface a 34.85% rate, but Nam Kim Steel Joint Stock Company will again avoidtaxes for the next five years.
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What is color coated steel?
With GI and GL steel as substrate, after pre-treatment, paint coating, baking and cooling, an organic protective film is formed on the steel substrate.
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