Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Malaysia has imposed provisional anti-dumping duties on Indonesian and Vietnamese-origin cold-rolled stainless steel, according to a statement released by the Ministry of International Trade and Industry (MITI) on Dec 28.


The original petition filed by the country’s sole cold-rolled stainless-steel producer, Bahru Stainless Sdn Bhd, was initiated on July 28, 2020, with the MITI stating that a final determination would be made no later than the end of April 2021.


The anti-dumping duties range from 7.73% to 34.82%, and would be imposed no longer than 120 days from Dec 26 this year.


Bahru Stainless originally claimed imports originating from the “alleged” countries are being imported into Malaysia at a price lower than the sales price in their respective markets and caused material injury to the domestic stainless-steel industry.


In the preliminary probe findings, Malaysia’s MITI found sufficient evidence warranting further investigation into the importation of cold-rolled stainless steel in coils, sheets or any other form.


Davis Index reported last week that Malaysia imposed anti-dumping duties on some flat-rolled steel products from China, South Korea and Vietnam after determining that they were imported at lower prices than the sales price in their originating countries.

Leave a Reply

Your email address will not be published.