M’sia to impose anti-dumping duties on steel wire rods

PETALING JAYA: The Government has proposed to impose anti-dumping duties on steel wire rods from selected companies in China, Taiwan, South Korea and Indonesia, following the completion of a detailed investigation into the import of the commodity.

“The Royal Malaysian Customs will enforce the collection of the anti-dumping duties, and this measure will be effective for five years from Feb 20, 2013,” according to a statement from the International Trade and Industry Ministry (Miti) said yesterday.