Anti-dumping investigation on CRC imports
KUALA LUMPUR: The government will initiate an anti-dumping investigation into imports of iron or non-alloy steel cold-rolled coils (CRC) of more than 1,300 cm width after looking at the prima facie evidence of dumping, injury and causal link.
The investigation was a result of a petition from Mycron Steel CRC Sdn Bhd alleging that CRCs from China, Japan, South Korea and Vietnam are being dumped in Malaysia at a price much lower than the domestic price in the respective countries.
In a statement, the International Trade and Industry Ministry (Miti) said Mycron also claimed that dumped imports from the alleged countries have increased in terms of absolute quantity and have caused material injuries to the company.
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