Malaysia’s imposed anti-dumping duties of 4.97-20pc on rebars originating or exported from Turkey and Singapore, which includes Tata Steel’s subsidiary NatSteel.

 

Domestic steel producers had sought anti-dumping duties on steel-concrete rebars alleging that exporters from Singapore and Turkey were selling at a price lower than the local market causing material injuries to the steel industry in Malaysia.

 

Malaysia’s Ministry of International Trade and Industry (MITI) initiated an anti-dumping probe against these exporters in April 2019. MITI concluded that an anti-dumping duty of 4.97pc be levied on steel rebars exported by NatSteel Holding, Singapore, while 17.65pc duty was levied on other exporters from Singapore. 

 

Turkey-based Diler Iron and Steel has been charged an anti-dumping duty of 3.62pc, while other exporters from Turkey will be charged  20.09pc duty. Turkey’s rebar manufacturer Colakoglu Metalurji is exempt from these anti-dumping duties.

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