Posted on 07 Nov 2024
Malaysia has initiated an administrative review on the anti-dumping duties imposed on imports of certain cold rolled stainless steel in coils, sheets or any other form originating from China, South Korea, Taiwan and Thailand, Kallanish notes.
This sunset review, being carried out by the Ministry of Investment, Trade and Industry, is just over one year since Malaysia made an extension of five years for the AD duties, which are due to expire after 26 July 2028.
This is because Bahru Stainless stopped production on June 30, 2024. The company submitted an application and thus led to the duty extension last year.
All interested parties who wish to participate in the review are required to provide their views and evidence to the ministry by 15 November 2024.
The targeted products are classified under HS codes 7219.31.00 00, 7219.32.00 00, 7219.33.00 00, 7219.34.00 00, 7219.35.00 00, 7220.20.10 00 and 7220.20.90 00.
At present, the duty rate is 2.68%-23.95% for Chinese suppliers, 4.44%-7.27% for South Korea, 2.79%-14.02% for Taiwan and 22.86%-111.61% for Thailand.
Source:Kallanish
