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Corporate  |  FEBRUARY 21, 2013 9:56AM

Anti-dumping duty on imported electrolytic tinplates

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tinplates-genericThe Malaysian government has received a petition from a domestic producer asking the authorities to impose anti-dumping duty on imported electrolytic tinplates.

The International Trade and Industry Ministry said the petitioner alleged that imported electrolytic tinplates originating from or exported from China and South Korea are being dumped in Malaysia at a price much lower than the price in the domestic market of the two countries.

“The petitioner claims the dumping is causing material injury to Malaysia’s domestic industry.

“The petitioner further claimed tinplate imports from China and South Korea  have increased in terms of absolute quantity and as a result, the petitioner had suffered material injury, among others, price undercutting, price depression, loss of market share, reduction in domestic sales, decline in profitability and inability to raise capital,” the ministry said in a statement.

Based on the official petition received, the ministry said the government has decided to initiate a preliminary investigation on imports of electrolytic tinplates from China and South Korea.

“In accordance with the Countervailing and Anti-Dumping Duties Act 1993 and its related regulations, a preliminary determination will be made within 120 days from the date of initiation,” the ministry said.

“If the preliminary determination is affirmative, the government may impose a preliminary anti-dumping duty at the rate that is necessary to prevent further injury.

“The ministry has provided a set of questionnaires pertaining to this investigation,” it said.

Interested parties — importers, foreign producers, exporters and associations- may request for the questionnaires no later than March 6.

They are also invited to present their views in writing, particularly by replying to the questionnaires, with supporting evidence to the ministry on or before March 21.

In the event of no additional information is received within the specified period, the government may make its preliminary findings based on the available facts, the ministry added.

-BERNAMA



 
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