Malaysia's Ministry of International Trade and Industry has announced that it has imposed a preliminary antidumping (AD) duty on imports of cold rolled (CR) stainless steel in coils, sheets or any other form with thickness of not more than 6.5 mm and width of not more than 1,600 mm from China, South Korea, Taiwan and Thailand.
Accordingly, the provisional antidumping duty rates range between 7.27 percent and 111.61 percent for the mentioned imports from four countries. However, the ministry stated that it has found no dumping margin with regard to the imports from South Korea-based producers Hyundai BNG Steel Co., Ltd, Hyundai Steel Company and POSCO.
The final determination in relation to the investigation will be made within the period of 120 days from October 12.
The products subject to preliminary antidumping duty currently fall under Customs Tariff Statistics Position Numbers 7219.31.000, 7219.32.000, 7219.33.000, 7219.34.000, 7219.35.000, 7220.20.130, 7220.20.190 and 7220.20.900.
Country |
Exporter/Producer |
Preliminary AD duty rate |
Shanxi Taigang Stainless Co., Ltd. |
14.64% |
|
Others |
23.95% |
|
South Korea |
Hyundai BNG Steel Co., Ltd. |
0% |
Hyundai Steel Company |
0% |
|
POSCO |
0% |
|
Others |
7.27% |
|
Chia Far Industrial Factory Co., Ltd. |
19.78% |
|
Chien Shing Stainless Steel Co., Ltd. |
52.17% |
|
D&S Global Limited |
44.38% |
|
Tang Eng Iron Works Co., Ltd. |
31.88% |
|
Walsin Lihva Corporation |
13.77% |
|
Yieh United Steel Corporation |
21.15% |
|
Others |
52.17% |
|
POSCO-Thainox |
24.88% |
|
Others |
111.61% |