Posted on 06 Feb 2025
The Malaysian government has concluded its administrative review on anti-dumping duties imposed on stranded steel wires for prestressing concrete imported from China, announcing revised tariffs on key exporters, according to a Ministry of Investment, Trade and Industry (MITI) statement.
The review, initiated on 8 August 2024, followed an application by local manufacturer Southern PC Steel, which sought reassessment of the dumping margin for the affected imports.
Conducted under Malaysia's Countervailing and Anti-Dumping Duties Act, the investigation evaluated pricing changes for two major Chinese producers: Tianjin Dalu Steel Strand For Prestressed Co and Silvery Dragon Prestressed Materials Co Tianjin, as well as other exporters. The HS code of the products is 7312.10.91 00.
Following the review, the government has revised the anti-dumping duty rates as follows: Silvery Dragon Prestressed Materials Co Tianjin at 9.07%, Tianjin Dalu Steel Strand For Prestressed Co at 3.12%, and other Chinese producers/exporters at 21.72%, Kallanish notes.
This decision comes as Malaysia continues efforts to protect its domestic steel industry from unfair trade practices while ensuring a level playing field for local manufacturers, according to MITI.
The original antidumping investigation was initiated on 31 March 2021 and the final affirmative anti-dumping duties imposed on the subject merchandise originating or exported from China range between 2.09-21.72%, effective from 25 December 2021 to 24 December 2026.
The Royal Malaysian Customs Department will begin enforcing the updated tariffs from 5 February 2025, until 24 December 2026.
Source:Kallanish