KUALA LUMPUR, Sept 23 (Bernama) -- The Government of Malaysia has completed the preliminary determination of anti-dumping investigation concerning imports of steel concrete reinforcing bar (Rebar) products originating or exported from the Republic of Singapore and the Republic of Turkey and found that there are sufficient evidences to continue with further investigation on the importation of Rebar from the alleged countries as provided under Section 23 of the Countervailing and Anti-Dumping Duties Act 1993 (the Act).

The Government has also decided to impose a provisional measure, which shall be in the form of provisional anti-dumping duties guaranteed by a security equivalent to the amount of the dumping margins determined in the preliminary determination. Provisional anti-dumping duties ranging from Nil to 20.09% will be applied on imports of subject merchandise from the alleged countries and shall be effective not more than 120 days from 23 September 2019.

The investigation has been initiated in accordance with the Act and Countervailing and Anti-Dumping Duties Regulation 1994 on 26 April 2019 based on a petition filed by Malaysia Steel Association (The Petitioner) on behalf of the domestic industry producing the like product. The Petitioner has claimed that imports of Rebar originating or exported from the alleged countries are being imported into Malaysia at a price lower than the selling price in their domestic market. The Petitioner claimed that this has caused material injury to the domestic industry in Malaysia.

A final determination will be made no later than 21 January 2020. Interested parties, such as importers, foreign producers/exporters and associations related to the investigation can have access to the non-confidential version of the report on the Preliminary Determination by submitting a written request to the Ministry of International Trade and Industry

Director
Trade Practices Section
Ministry of International Trade and Industry
Level 9, Menara MITI
No. 7, Jalan Sultan Haji Ahmad Shah
50480 Kuala Lumpur
MALAYSIA 
Telephone Number: (603) 6208 4631/4632/4641/4647
Facsimile Number: (603) 6211 4429
Email address: alltps@miti.gov.my 

About MITI:

MITI is the key driver in making Malaysia the preferred destination for quality investments and enhancing the nation's rising status as a globally competitive trading nation. Its objectives and roles are oriented towards ensuring Malaysia’s rapid economic development and help achieve the country's stated goal of becoming a developed nation. 

Ministry of International Trade and Industry
Kuala Lumpur, Malaysia
23 September 2019

Source: Ministry of International Trade and Industry (MITI)

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--BERNAMA