Malaysia slaps duties on steel imports from China, South Korea and Vietnam

Free Malaysia Today

The investment, trade and industry ministry says the duties, ranging from 3.86% to 57.9%, come after finding evidence of underpriced imports harming local manufacturers.  Read More: https://www.freemalaysiatoday.com/category/nation/2025/07/05/malaysia-slaps-duties-on-steel-imports-from-china-south-korea-and-vietnam  Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/07/05/malaysia-kenakan-duti-antilambak-besi-keluli-ke-atas-china-korea-selatan-vietnam  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews ##FMTBusiness #SteelImport #MITI #CSCSteelSdnBhd

Transcript

00:00The government has imposed provisional anti-dumping duties ranging from 3.86% to 57.90% on certain

00:10iron and steel imports from China, South Korea and Vietnam. The Investment Trade and Industry

00:17Ministry said the duties will take the form of bank guarantees, effective for up to 120 days

00:24starting July 7, pending a final determination by November 3. This follows a preliminary

00:30investigation on February 6 into flat-rolled iron or non-alloy steel products coated with zinc

00:36using the hot-dip process, commonly known as galvanized steel coils or sheets.

00:42Local steelmaker CSC Steel Sandiran Berhad had lodged a petition claiming that imports from the

00:48three countries were being sold below their domestic market prices, causing losses to

00:53Malaysian producers. In a statement, the ministry said there was sufficient evidence to continue

00:58with further investigation on the importation of the subject merchandise from China, South

01:03Korea and Vietnam at dumped prices. It added that the provisional measure was necessary

01:08to prevent further injury to the domestic industry. Companies and exporters affected by the decision

01:14have until July 14 to submit feedback. A final decision will be made by November 3.

01:23The

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