Malaysia government has made a preliminary affirmative determination of a case concerning the safeguard measures of the imported Steel Wire Rod and Deformed Bar-In-Coils.

On Sept.23^rd, 2016, the Ministry of Commerce and Industry of Malaysia announced that they had made a preliminary affirmative determination of a case concerning the safeguard measures of Steel Wire Rod and Deformed Bar-In-Coils. The initial determination claimed that the increasing import of Steel Wire Rod and Deformed Bar-In-Coils from other country has strongly damaged and threatened the development of relevant industry in Malaysia, thus they decided to levy a 13.90% anti-dumping tax on the involved products imported from 42 countries, including China.

On May 29^th, The Malaysian Iron And Steel Industry Federation (MISIF) reported the case to the Ministry, and the Ministry decided to launch investigations. It’s expected that the final determination will be made within 200 days after Sept. 27^th, 2016

News from the Ministry of Commerce and Industry of Malaysia.