KUALA LUMPUR, April 26 (Bernama) -- On 29 March 2019, the Government of Malaysia received a petition from the Malaysia Steel Association (representing domestic producers of steel reinforcing bar (rebar)) requesting for an anti-dumping investigation on imports of rebar, that are hot rolled steel bars containing indentations, ribs, grooves or other deformation. The Petitioner alleged that imports of rebar originating in, or exported from, the Republic of Singapore and Republic of Turkey are being dumped into Malaysia at a price much lower than their domestic price.
The Petitioner claimed that dumped imports of rebar from the alleged countries have increased in terms of absolute quantity and have caused material injury to them. The Government has considered the prima facie evidence of dumping, injury and causal link and decided to initiate the anti-dumping investigation on imports of rebar from the alleged countries.
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.
In connection with this investigation, Ministry of International Trade and Industry (MITI) will provide a set of questionnaires to interested parties (importers, foreign producers, exporters and associations). Other interested parties may request for the questionnaires no later than 10 May 2019. Interested parties may also provide additional supporting evidence to MITI on, or before, 24 May 2019. In the event no additional information is received within the specified period, the Government will make its preliminary findings based on the available facts.
Further enquiries concerning this investigation can be directed to:
Director Trade Practices Section Ministry of International Trade and Industry (MITI) Level 9, Menara MITI No. 7, Jalan Sultan Haji Ahmad Shah 50480 Kuala Lumpur MALAYSIA Telephone Number: (603) 6208 4631/4632/4635/4637 Facsimile Number : (603) 6211 4429 E-mail address : alltps@miti.gov.my Ministry of International Trade and Industry Kuala Lumpur, Malaysia 26 April 2019 About MITI: The Ministry of Commerce and Industry was established in April 1956 then was renamed as The Ministry of Trade and Industry in February 1972. On 27 October 1990, the Ministry was separated into two Ministries which are; Ministry of International Trade and Industry (MITI) and Ministry of Domestic Trade and Consumer Affairs (KPDN).
MITI is the key driver in making Malaysia the preferred destination for quality investments and enhancing the nation's rising status as a globally competitive trading nation. Its objectives and roles are oriented towards ensuring Malaysia’s rapid economic development and help achieve the country's stated goal of becoming a developed nation by 2020.
SOURCE : Ministry of International Trade and Industry (MITI)FOR MORE INFORMATION, PLEASE CONTACT:Ministry of International Trade & Industry
Strategic Communications Unit
Tel : +603 6200 0083
Fax : +603 6206 4293
E-mail : allpegkomunikasikorporat@miti.gov.my
--BERNAMA