Market News
Malaysia to start AD review on HRC imports from China & Indonesia
It was reported that Malaysian Ministry of International Trade and Industry (MITI) announced to start the review of anti-dumping measures for hot-rolled coils imported from China and Indonesia. This anti-dumping duty (AD duty) was levied on February 13th, 2015. The AD duty rate for China and Indonesia were 2.49% and 25.4% respectively. 

Based upon the source, this review applicant was delivered by Persero, and Indonesian manufactures as the only hot-rolled manufacturer in Malaysia, Megasteel, has officially stopped production on March 30th, 2016. 

The custom code of involved products contained 7208.36.0000, 7208.37.0000, 7208.38.0000, 7208.39.1000, 7208.39.9000, 7225.30.9000, 7208.10.0000, 7208.25.0000, 7208.26.0000, 7208.27.1100 and 7208.27.1900.