KUALA LUMPUR, Sept. 29 (Xinhua) — Malaysia has imposed anti-dumping duties on Japanese chilly rolled coils following the completion of its investigations, which started earlier this yr, the Ministry of Investment, Trade and Industry (MITI) stated on Friday.
The closing willpower had been made to impose anti-dumping duties on chilly rolled coils of alloy or non-alloy metal of a thickness between 0.20 mm to 2.60 mm and width between 700 mm to 1,300 mm, it stated in an announcement.
It stated a 9.03 p.c responsibility was imposed on merchandise from the Nippon Steel Corporation, whereas different producers had been slapped with a 22.62 p.c responsibility.
“The imposition of anti-dumping duties on exports of subject merchandise from Japan is expected to address the unfair trade practices,” it stated.
However, it has excluded tin mill black plate or chilly rolled coils imported for automotive or electrical and digital end-usages originating or exported from Japan.
The investigation had been prompted by a petition filed by Malaysian metal producer Mycron Steel CRC, which had alleged that imports of the topic merchandise originating or exported from Japan had been offered at a worth a lot decrease than their home promoting worth in Japan (dumped worth).