Malaysia puts anti-dumping duties on some China, South Korea, Vietnam iron, steel

Malaysia said on Saturday it has imposed provisional anti-dumping duties ranging from 3.86% to 57.90% on certain iron and steel imports from China, South Korea and Vietnam.

The duties on imports of galvanized iron coils or sheets or galvanized steel coils or sheets were imposed based on a preliminary determination made in an anti-dumping duty investigation initiated on February 6, the investment, trade and industry ministry said in a statement.

“The government finds that there is sufficient evidence that the importation of the subject goods… is being dumped and that the investigation should be continued,” it said.

The provisional duties be in effect from Monday for up to 120 days with a final determination to be made by November 3, the ministry said.

(By Rozanna Latiff; Editing by William Mallard)