2025-01-13
The decision followed an investigation begun in August into the products from China, India, Japan and South Korea that started after a petition from a domestic producer.
Workers pour molten steel at a factory in Binzhou, in China’s eastern Shandong Province, on December 10, 2024.
The petitioner had alleged the imports were being sold well below the domestic price in the four countries and had caused material injury to Malaysian industry, the ministry added.
Separately, India’s finished steel exports are unlikely to be affected by the anti-dumping duty as its export volumes to the Southeast Asian nation are very low, a senior government official with direct knowledge of the matter said.
India finished steel exports to Malaysia in 2023/24 were 36,000 metric tonnes, down 78 per cent since 2019/20, the official said, adding that while the anti-dumping duty would affect two-way trade, it was unlikely to hit New Delhi’s overall steel exports.
India’s steel ministry did not immediately respond to an email seeking comment.
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