Posted on 24 Dec 2020
Malaysia’s Ministry of International Trade and Industry (Miti) has decided to impose anti-dumping duties on imports of aluminium- and zinc-coated non-alloy steel sheet and coil from China, Korea and Vietnam. The move follows an investigation which started in March at the request of NS BlueScope (Malaysia), Kallanish notes.
The duties will be charged for five years from 12 December 2020 to 11 December 2025 at rates in the table below. The duties are applied on material imported under tariff codes 721061.11, 721061.12, 721061.19, 721061.91, 721061.92, 721061.99, 721250.23, 721250.24.90, 721250.29.10 and 721250.29.90.
Malaysia Customs data shows that the country imported 83,251 tonnes of these materials from Vietnam over January-October 2020, down -8.44% year-on-year. From China it imported 33,377t, up 11.5% y-o-y, while from Korea it imported just 5,171t, down -23.1% y-o-y.
Malaysian galvalume AD duties |
|
Country |
Duty rates |
China |
2.18-18.88% |
Korea |
9.98-34.94% |
Vietnam |
3.06-37.14% |
Source:Kallanish