Malaysia imposes anti-dumping duties on iron, steel imports from 4 countries

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Malaysia imposes anti-dumping duties on iron, steel imports from 4 countries
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A bomb attack in Pattani injures one Malaysian tourist and nine Thais, including police, said officials in a press conference in the town.

KUALA LUMPUR: Malaysia's trade ministry said it has imposed provisional anti-dumping duties on some flat-rolled products of iron or non-alloy steel exports from China, India, Japan and South Korea.

The duties, on products with a width of more than 600mm , range from 2.52% to 36.80% and were effective from Jan. 11, the ministry said in a statement on Monday. The ministry said the provisional anti-dumping duties will be in effect for up to 120 days, with a final determination to be made by May 10, and that feedback on the preliminary determination could be submitted by Jan. 20.

The ministry's decision followed an investigation into the products from China, India, Japan and South Korea that started in August, following a petition by a domestic producer. The ministry said the petitioner had alleged the imports were being sold well below the domestic price in the four countries and had caused material injury to the domestic industry in Malaysia. - ReutersWholesale and retail trade up 4.7% in November 2024 with RM149.3bil sales

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