Anti-dumping duties on CRCs from 4 nations

Petition filed: Mycron’s plant in Shah Alam. The company has filed a petition in March, alleging that CRCs from China, Japan, South Korea and Vietnam are being dumped in Malaysia at a much lower price than the domestic price in the respective countries.

KUALA LUMPUR: Malaysia has imposed anti-dumping duties of 3.84% to 26.39% on imports of cold-rolled coils of iron or non-alloy steel – of width more than 1300mm – from China, Japan, South Korea and Vietnam.

This move came after a petition was filed by Mycron Steel CRC Sdn Bhd in March, alleging that cold-rolled coils (CRCs) from these countries are being dumped in Malaysia at a much lower price than the domestic price in the respective countries, causing material damage to the Malaysian industry.