MYCRON STEEL BHD
KLSE (MYR): MYCRON (5087)
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Last Price
0.37
Today's Change
-0.005 (1.33%)
Day's Change
0.37 - 0.395
Trading Volume
136,100
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
MorningGlory123
892 posts
Posted by MorningGlory123 > 2021-10-18 08:50 | Report Abuse
Malaysia to impose anti-dumping duties for 5 yrs on some steel products from China, South Korea & Vietnam
https://www.thesundaily.my/business/malaysia-to-impose-anti-dumping-duties-for-5-yrs-on-some-steel-products-from-china-south-korea-vietnam-CD8467958
On April 12, 2021, the government initiated an administrative review (sunset review) on the imposition of anti-dumping duties with regard to imports of cold-rolled coils of alloy and non-alloy steel of a thickness between 0.20 millimetres to 2.60 millimetres and width between 700 millimetres to 1,300 millimetres originating or exported from China, South Korea and Vietnam into Malaysia.
The investigation was initiated based on a petition filed by Mycron Steel CRC Sdn Bhd, on behalf of the domestic industry producing the like product.
Pursuant to subsection 28(8) of the Countervailing and Anti-Dumping Duties Act 1993, the administrative review was carried out by the government to determine whether the continued imposition of the anti-dumping duties are necessary to offset dumping or/and the injury would be likely to continue to recur if the duty were removed or varied.