KUALA LUMPUR, Jan 13 Reuters Malaysia has imposed provisional antidumping duties on some exports of flatrolled iron products or nonalloy steel from China, India, Japan and South Korea, the trade ministry said.
The duties, which take effect from Jan. 11 and initially run for up to 120 days on products with a width of more than 600 mm 24 inches, range from 2.52 to 36.80, the ministry said on Monday.
A final determination on the provisional antidumping duties would be made by May 10, while feedback on the preliminary determination could be submitted by Jan. 20, the ministry added in its statement. 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.
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, India39;s finished steel exports are unlikely to be affected by the antidumping duty as its export volumes to the Southeast Asian are very low, a senior government official with direct knowledge of the matter told Reuters.
India finished steel exports to Malaysia in 202324 were 36,000 metric tons, down 78 since 201920, the official said, adding that while the antidumping duty would affect twoway trade, it was unlikely to hit New Delhi39;s overall steel exports.
India39;s steel ministry did not immediately respond to a…