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Tuesday, January 23, 2018 - 9:41:21 PM
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Mining News Agency -Malaysian Ministry of International Trade and Industry (MITI) completed an anti-dumping investigation of cold-rolled stainless steel case factual report, found that imports from Taiwan, China, South Korea and Thailand constituted a dumping, the proposed anti-dumping duties were imposed on Taiwan manufacturers at 0% to 14.02%, 3.66% to 23.95% for China manufacturers, 0% to 7.27% for South Korean manufacturers and 22.86% to 111.61% for Thai manufacturers.
Mining News -According to Malaysian customs statistics, Taiwan was Malaysia`s largest source of imports. In 2015 and 2016, Malaysia imported about US$47.76 million of products (accounting for 41.15% of the total imported stainless steel in Malaysia) and US$28.63 million (39.35%).
In Malaysia, the major sources of imports were from Japan (24.15%), Finland (14.57%) and Germany (9.34%), except for Taiwan.
According to the market participants, the range of the goods involved in this case was very wide. The previous adjudication of levying high provisional anti-dumping duties amounting to 13.77~52.17% caused a considerable impact on Taiwan’s exports.
If the final adjudication confirmed the anti-dumping duty of 0% to 14.02% on Taiwan, it remained to be seen whether the negative impact on Taiwan`s continued operation of the Malaysian market will be slightly reduced.
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https://www.miningnews.ir/En/News/105457
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