Malaysia Anti-dumping Duty on Galvalume Steel

2020年8月24日 作者 powerson metal
Malaysia Anti-dumping Duty on Galvalume Steel

Malaysia will impose a provisional anti-dumping duty on non-alloy steel productsplated or coated with aluminium and zinc, originating in China, South Korea andVietnam. The AD duty on these products, known commercially as galvalume, be effective for 120 days from 14 August.

“Provisionalanti-dumping duties ranging from 2.17% to 37.14% will be applied onimports of subject merchandise from the alleged countries,” says Malaysia’sMinistry of International Trade and Industry (MITI).

The probewas initiated following an application from local company NS Bluescope Malaysia, a domestic producer. The complainant alleges that imports fromthe three countries are being dumped in Malaysia and causing damage to thelocal steel industry. The industry has suffered injury from priceundercutting, price depression, price suppression, negative cash flow andreduction in return on investment, the complaint alleges. 

The products under investigation have HS Codes 7210.61.1100, 7210.61.1200,7210.61.1900, 7210.61.9100, 7210.61.9200, 7210.61.9900, 7212.50.2300,7212.50.2490, 7212.50.2910 and 7212.50.2990. In 2019, Malaysia imported 155,413 tonnes of the above products from China, Korea and Vietnam, anincrease of 5.53% year-on-year. Imports from these countries in the first halfof 2020 were 84,035t, accounting for 88.51% of total imports of these products.

The final ADduty determination will be made no later than 11 December 2020.