“The petitioner alleges that stranded wire, ropes and cables originating in or exported from the People’s Republic of China are being imported into Malaysia at a price much lower than the price in the domestic market of the alleged country.
“The petitioner claims that this is causing material injury to the domestic industry in Malaysia,” MITI said in a statement Tuesday.
The petitioner further claims that imports from the People’s Republic of China have increased in terms of absolute quantity, the ministry said.
As a result, the petitioner suffered from material injuries including profitability, price suppression, reduction in domestic sales volume, loss of market share, negative return on investment, decrease in number of employees and inability to raise capital, it added.
MITI said the Government has determined that there is sufficient evidence of dumping, injury and causal link.
“The government has therefore decided to initiate a preliminary investigation on imports of stranded wire, ropes and cables from the People’s Republic of China,” it added.
In relation to this investigation, MITI has provided a set of questionnaires, for which interested parties (importers, foreign producers, exporters and associations) may request no later than April 25, 2013.
“Interested parties are also invited to make their views known in writing, in particular by replying to the questionnaires with supporting evidence to MITI on or before May 13, 2013.
“If no additional information is received within the specified period, the government may make its preliminary findings based on the available facts,” it added.