Malaysia Revises AD Duties on CR Steel Import from Vietnam
CR SteelVN Express

Malaysia Revises AD Duties on CR Steel Import from Vietnam

Vietnamese media reported that Malaysia has revised duties on imports of cold rolled coils of alloy and non alloy steel from Vietnam to 7.42-33.7% for the

Vietnamese media reported that Malaysia has revised duties on imports of cold rolled coils of alloy and non alloy steel from Vietnam to 7.42-33.7% for the period between January 24 and May 23 of 2021 after Malaysian Ministry of International Trade and Industry concluded that there is a substantial change in the dumping margin under its Countervailing and Anti-Dumping Duties Act. Malaysia will impose a 7.42% duty on cold rolled steel manufacturer POSCO Vietnam’s products and 33.7% on the products of other steelmakers.

Malaysia initiated the anti-dumping investigation in July 2020 based on a petition by Mycron Steel CRC Sdn Bhd, a leading producer of cold-rolled coils.

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