Government has initiated an anti-dumping investigation of stranded steel wires for prestressed concrete

Kuala Lumpur, 6 April 2021 – The Government of Malaysia received a petition from a domestic producer, Southern PC Steel Sdn Bhd, requesting for an anti-dumping investigation on imports of stranded steel wires for prestressing concrete (subject merchandise).

The petitioner alleged that imports of the subject merchandise originating or exported from the People’s Republic of China (PRC) are being dumped into Malaysia at a price much lower than the selling price in the PRC’s domestic market, and this is causing material injury to the domestic industry in Malaysia.

The Government has evaluated and considered the evidence of dumping, injury and causal link, and has decided to initiate an anti-dumping investigation on imports of the subject merchandise from the PRC. In accordance with the Countervailing and Anti-Dumping Duties Act 1993 and its related regulations, a preliminary determination will be made within 120 days from the date of initiation.

If the preliminary determination is affirmative, the government will impose a provisional anti-dumping duty at the rate that is necessary to prevent further injury to the domestic industry. In connection with this investigation, the Ministry of International Trade and Industry (MITI) will distribute questionnaires to interested parties, such as:

• Local producers and relevant association of producers in Malaysia;
• Producers or exporters of the subject merchandise in the PRC named in the petition; and
• Importers of the subject merchandise and relevant association of importers named in the petition.

Other interested parties may request for the questionnaires in writing to MITI no later than 15 April 2021. Interested parties may also provide their views in writing, questionnaires responses and additional supporting evidence to MITI by 30 April 2021.

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

– Construction+ Online

Source: MITI