Friday 29 Mar 2024
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KUALA LUMPUR (July 25): The Ministry of the International Trade and Industry (MITI) has decided to initiate an anti-dumping investigation on imports of galvanised iron from China and Vietnam, after receiving a petition from a domestic producer on June 26.

The ministry said the petitioner has alleged that the imports from the two countries are being dumped into Malaysia at a price much lower than their domestic selling price.

"The petitioner further claimed that imports from the alleged markets have increased in terms of absolute quantity and that the domestic industry suffered material injury," MITI said in a statement today.

"The government has evaluated and considered the evidence of dumping, injury and causal link and decided to initiate an anti-dumping investigation," it added.

MITI said it will undertake a preliminary investigation within the next 120 days in accordance with the Countervailing and Anti-Dumping Duties Act 1993 and the related regulations.

"If the preliminary determination is affirmative, the government will impose an anti-dumping duty at the rate that is necessary to prevent further injury to the domestic industry," it added.

To assist with the anti-dumping probe, MITI said it will provide a set of questionnaires to the interested parties, which include importers, foreign producers, exporters and associations.

"Other interested parties may request for the questionnaires no later than Aug 8, 2018. Interested parties may also provide additional supporting evidence to MITI before Aug 23, 2018," it said.

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

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