Malaysia Investigates Dumping Of Cold Rolled Steel Coils From China, S.Korea & Vietnam

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia will initiate a preliminary investigation on the imports of cold rolled steel coils from China, South Korea and Vietnam. The preliminary determination will be made within 120 days from the date of initiation, the Ministry of International Trade and Industry (MITI) said in a statement Thursday. "If the final determination is affirmative, we will impose an anti-dumping duty at the rate that is necessary to prevent further injury," it added. MITI said it had received a petition from a domestic producer for the imposition of anti-dumping duty on imports of cold-rolled steel coils. The petitioner alleged that imports of steel coils originating in, or exported from the three countries were being dumped into Malaysia at a price much lower than the price in the domestic market, causing material injury to the domestic industry in Malaysia. In connection with this investigation, MITI said it would provide a set of questionnaires to the interested parties namely, importers, foreign producers, exporters and associations. Other interested parties may request for the questionnaires no later than Sept 11, 2015 and may also provide additional supporting evidence to MITI on or before Sept 25, 2015. --BERNAMA