Malaysia's Ministry of International Trade and Industry (MITI) has announced the launch of an administrative review on the imposition of an antidumping (AD) duty on hot rolled coil (HRC) imports from China and Indonesia.
The antidumping duties were originally imposed in February 13, 2015, ranging between 2.49 percent and 25.4 percent for the two countries. The review was initiated following a petition lodged by Indonesian producer PT Krakatau Steel (Persero) Tbk. The request for the review is based on the ground that the petitioner Megasteel Sdn. Bhd., the sole local producer of hot rolled coils, has ceased production on March 31, 2016.
The products subject to antidumping duty investigation currently fall under Customs Tariff Statistics Position Numbers 7208.36.0000, 7208.37.0000, 7208.38.0000, 7208.39.1000, 7208.39.9000, 7225.30.9000, 7208.10.0000, 7208.25.0000, 7208.26.0000, 7208.27.1100 and 7208.27.1900.