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Malaysia imposes preliminary AD duty on CR stainless flat steel from four countries

Wednesday, 11 October 2017 12:31:44 (GMT+3)   |   Istanbul

Malaysia's Ministry of International Trade and Industry has announced that it has imposed a preliminary antidumping (AD) duty on imports of cold rolled (CR) stainless steel in coils, sheets or any other form with thickness of not more than 6.5 mm and width of not more than 1,600 mm from China, South Korea, Taiwan and Thailand.

Accordingly, the provisional antidumping duty rates range between 7.27 percent and 111.61 percent for the mentioned imports from four countries. However, the ministry stated that it has found no dumping margin with regard to the imports from South Korea-based producers Hyundai BNG Steel Co., Ltd, Hyundai Steel Company and POSCO.

The final determination in relation to the investigation will be made within the period of 120 days from October 12.

The products subject to preliminary antidumping duty currently fall under Customs Tariff Statistics Position Numbers 7219.31.000, 7219.32.000, 7219.33.000, 7219.34.000, 7219.35.000, 7220.20.130, 7220.20.190 and 7220.20.900.

Country

Exporter/Producer

Preliminary AD duty rate

China

Shanxi Taigang Stainless Co., Ltd.

14.64%

Others

23.95%

South Korea

Hyundai BNG Steel Co., Ltd.

0%

Hyundai Steel Company

0%

POSCO

0%

Others

7.27%

Taiwan

Chia Far Industrial Factory Co., Ltd.

19.78%

Chien Shing Stainless Steel Co., Ltd.

52.17%

D&S Global Limited

44.38%

Tang Eng Iron Works Co., Ltd.

31.88%

Walsin Lihva Corporation

13.77%

Yieh United Steel Corporation

21.15%

Others

52.17%

Thailand

POSCO-Thainox

24.88%

Others

111.61%


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