Malaysia Opens Antidumping Probe Into Steel Imports From China, South Korea, Vietnam

Malaysia has launched an anti-dumping investigation into galvanized steel imports from China, South Korea, and Vietnam, following a petition from domestic producer CSC Steel. The complaint alleges that these imports are being sold at significantly lower prices than in their home markets, negatively impacting local manufacturers. As part of the investigation, the Ministry of Investment, Trade and Industry will gather evidence from various stakeholders, including importers and trade associations, and a preliminary decision on potential duties is expected within 120 days. The investigation aligns with the Countervailing and Anti-Dumping Duties Act and aims to determine if the imports are harming the Malaysian steel industry. This move highlights ongoing concerns over unfair pricing practices in the steel market, as similar investigations have been initiated previously for other steel products. Stakeholders from the exporting countries are encouraged to participate in the process to present their views.