HEADLINES

Dumping detected: govt slaps steep duties on China, S. Korea, Vietnam-imported steel

Duties of up to 57.9% will take effect July 7 after authorities found galvanised steel products were being sold in Malaysia below market prices while probe continues

12:50 PM MYT

 

KUALA LUMPUR – The government will impose temporary anti-dumping duties of up to 57.9% on certain iron and steel imports from China, South Korea and Vietnam starting July 7, after finding early evidence the goods were being sold at unfairly low prices in Malaysia. 

The duties – ranging from 3.86% to 57.90% – will apply to galvanised iron or steel coil and sheet products, and remain in force for up to 120 days while a full investigation continues. 

“The government has found sufficient evidence that imports of galvanised iron or steel coil and sheet products from China, South Korea, Vietnam, were brought into the country at dumped prices,” said the Investment, Trade and Industry Ministry (Miti) in a statement. 

“To prevent further material injury to the domestic industry during the investigation… the government has decided to impose a provisional anti-dumping duty, in the form of a bank guarantee, equivalent to the identified dumping margin.” 

A final decision will be made by November 3. 

The probe began in February following a petition by CSC Steel Sdn Bhd, which alleged that the goods were being sold in Malaysia at prices lower than in their own domestic markets, harming local producers. 

The investigation is being carried out under the Countervailing and Anti-Dumping Duties Regulations 1994. 

Miti also said that all interested parties – including importers, producers, foreign exporters, and relevant associations – are welcome to provide feedback on the preliminary findings. 

“Submissions must be made no later than July 14, 2025,” it added. 

“Interested parties may obtain the non-confidential version of the Preliminary Determination report via the Trade Remedies Investigation Management system at https://traderemedies.miti.gov.my/.” – July 5, 2025

Topics

 

Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

Related