MITI: Govt slaps anti-dumping duties on Japanese cold rolled coils

MITI: Govt slaps anti-dumping duties on Japanese cold rolled coils

29 Sep 2023

The government has imposed anti-dumping duties on Japanese cold rolled coils, following completion of its investigations, which began on Jan 31, 2023, based on a petition filed by Mycron Steel CRC Sdn Bhd.

In a statement on Friday, the Ministry of Investment, Trade and Industry (Miti) said a final determination had been made to impose anti-dumping duties on cold rolled coils of alloy or non-alloy steel of a thickness between 0.20mm (milimetre) to 2.60mm, and width between 700mm to 1,300mm.

The ministry said the investigation, as per the Countervailing and Anti-Dumping Duties Act 1993 and the Countervailing and Anti-Dumping Duties Regulations 1994, has excluded tin mill black plate or cold rolled coils imported for automotive, or electric and electronic endusages originating or exported from Japan. 

A 9.03% duty was imposed on products from the Nippon Steel Corporation, while other manufacturers were slapped with a 22.62% duty, it said. 

“The Royal Malaysian Customs Department will enforce the collection of the anti-dumping duties for a period of five years, effective Sept 29, 2023 to Sept 28, 2028. The imposition of anti-dumping duties on exports of subject merchandise from Japan is expected to address the unfair trade practices,” said Miti.

The ministry said that the government excluded duties for the producers and exporters with de minimis (of little importance) dumping margin, which were Daido Steel Co Ltd and JFE Steel Corporation.

“Interested parties such as local producers, importers, foreign producers/exporters and associations related to the investigation can access the non-confidential version of the final determination report by submitting a written request to Miti,” it added.

Source: Bernama