logo
#

Latest news with #tradeDuties

Malaysia keeps anti-dumping duties on some Chinese, Japanese iron, steel
Malaysia keeps anti-dumping duties on some Chinese, Japanese iron, steel

Al Arabiya

time8 hours ago

  • Business
  • Al Arabiya

Malaysia keeps anti-dumping duties on some Chinese, Japanese iron, steel

Malaysia said on Saturday it would maintain anti-dumping duties on imports of Chinese and Japanese cold rolled coils of iron and non-alloy steel more than 1,300 mm wide. But the trade ministry said in a statement it would terminate anti-dumping duties on imports from South Korea and Vietnam on Monday. The duties, to be in effect for five years, will exclude imports from all four countries of tin mill black plate and merchandise imported for automotive purposes, and finwall for transformer use. Three Chinese producers face duty rates of 4.82 percent, 4.76 percent and 8.74 percent while other Chinese producers and exporters face 26.38 percent duties. Japanese exporters will be subjected to a 26.39 percent duty.

Malaysia puts anti-dumping duties on some flat-rolled iron, non-alloy steel products
Malaysia puts anti-dumping duties on some flat-rolled iron, non-alloy steel products

Reuters

time13-05-2025

  • Business
  • Reuters

Malaysia puts anti-dumping duties on some flat-rolled iron, non-alloy steel products

KUALA LUMPUR, May 13 (Reuters) - Malaysia's Trade Ministry on Tuesday said it had imposed definitive anti-dumping duties on imports from China, India, Japan, and South Korea of flat-rolled products of iron or non-alloy steel that are clad, plated or coated with tin. Anti-dumping duties of 27.88% will be imposed on imports from India, while Chinese shipments will face rates ranging from 4.48% to 20.42%, the Investment, Trade and Industry Ministry said in a statement. Japanese shipments will be subject to rates ranging from 15.74% to 36.8%, while products sourced from South Korea will face duties ranging from 21.6% to 35.43%. The ministry said the government decided on the rates after an investigation. It said the anti-dumping duties took effect on May 11, and will last for five years.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store