MITI initiates probes on galvanised iron imports

The Ministry of International Trade and Industry (MITI) has started a preliminary investigation into anti-dumping allegation on galvanised iron imports from China and Vietnam.

The ministry said it had received a petition from a domestic producer requesting for an anti-dumping investigation over the products originating in or imported from China and Vietnam, which are being dumped into Malaysia at a price lower than the selling price in their markets.

“The petitioner further claimed that imports from the alleged markets have increased, in terms of absolute quantity, and the domestic industry suffered material injury,” said the ministry in a statement.

MITI said the government has evaluated the allegation and decided to initiate an anti-dumping investigation on imports of the galvanised iron from the alleged countries.

Based on the country’s Countervailing and Anti-Dumping Duties Act 1993, a preliminary determination will be made within 120 days from the date of initiation.

“If the preliminary determination is affirmative, the government will impose an anti-dumping duty at the rate that is necessary to prevent further injury to the domestic industry,” MITI said.

The ministry will provide a set of questionnaires to parties related to the imports and they can provide the supporting evidence to MITI before Aug 23, 2018.

In the event no response is received within the specified period, the government will make its preliminary findings based on the best facts available,” said MITI.