Anti-dumping investigation on CRC imports

Commerce recommended a tariff of at least 53 percent on all steel imports from 12 countries -- Brazil, China, Costa Rica, Egypt, India, Malaysia, Russia, South Korea, South Africa, Thailand, Turkey and Vietnam.

KUALA LUMPUR: The government will initiate an anti-dumping investigation into imports of iron or non-alloy steel cold-rolled coils (CRC) of more than 1,300 cm width after looking at the prima facie evidence of dumping, injury and causal link.

The investigation was a result of a petition from Mycron Steel CRC Sdn Bhd alleging that CRCs from China, Japan, South Korea and Vietnam are being dumped in Malaysia at a price much lower than the domestic price in the respective countries.