KUALA LUMPUR, Dec 28 -- The government is imposing provisional anti-dumping duties on imports of cold rolled stainless steel in coils, sheets or any other form (subject merchandise) originating or exported from the Indonesia and Vietnam.
The Ministry of of International Trade and Industry (MITI) said it had completed the preliminary determination of the anti-dumping investigation concerning imports of the subject merchandise from the alleged countries and found there were sufficient evidences for further investigation.
"The government therefore has decided to impose a provisional measure, which shall be in the form of provisional anti-dumping duties guaranteed by a security equivalent to the amount of the dumping margins determined in the preliminary determination.
"Provisional anti-dumping duties ranging from 7.73 per cent to 34.82 per cent will be applied on imports of subject merchandise from the alleged countries and shall be effective not more than 120 days from Dec 26, 2020," MITI said in a statement today.
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