Thursday 28 Mar 2024
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KUALA LUMPUR (Aug 15): The Ministry of international Trade and Industry (Miti) will initiate an administrative review of anti-dumping duties on imports of hot rolled coils (HRCs), chequered coils, and pickled and oiled coils.

The decision of the administrative review will then be made within 180 days from the date of initiation.

In a statement today, Miti said this was based on a petition from an interested party received on July 17, which requested for the review on the ground that there is no more local production of HRCs in Malaysia.

Lion Group's Megasteel Sdn Bhd, which was the sole HRC producer in the country, closed its 18-year-old Banting plant in Selangor in 2016 after suffering losses in the past years. 

In connection with the investigation, Miti said it will provide a set of questionnaires to interested parties listed in the petition.

"Other interested parties may request for the questionnaires no later than Aug 30. Interested parties may also provide additional supporting evidence to Miti before Sept 14.

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

The original anti-dumping investigation was initiated on June 18, 2014, which resulted in anti-dumping duties being imposed on Feb 14, 2015 until Feb 13, 2020; ranging from 2.49% to 25.4%.

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