The Government of Malaysia has received a safeguard petition from Megasteel Sdn. Bhd. representing the domestic industry producing Hot Rolled Plate (HRC). HRC is used as base material in various industries such as cargo freight containers and cranes, gas cylinder material, highway guardrails, lamp posts, line pipe material for oil & gas application, offshore usage material, pipes & tubes material, pressure vessel material, re-rolling, ship material, structural steel and vehicle chassis and parts. In the petition the petitioner alleged that importation of HRC into Malaysia have increased from 2012 to 2014 in absolute and relative terms which resulted in serious injury to the industry in Malaysia.
The Government has decided to initiate a safeguard investigation on imports of HRC. In accordance with Act 657 and its Regulation, preliminary determination will be made within 90 days from the date of commencement of the investigation. Further investigation would be carried out if preliminary affirmative determination is made by the Government and during this time, the Government may impose a provisional safeguard duty on the imports of HRC, for the purpose of reducing the effects of serious injury to the domestic industry caused by the imports.
Any inquiries by interested parties (importers, domestic producers, foreign producers/exporters and associations related to the investigation) may be referred to:
Director
Trade Practices Section
Ministry of International Trade and Industry (MITI)
Level 14, Block 8, Government Offices Complex
Jalan Duta
50622 Kuala Lumpur
MALAYSIA
Telephone Number : +603 - 6200 0119/0123
Facsimile Number : +603 - 6201 6394
E-mail address : alltps@miti.gov.my
Last Updated 2015-09-11 08:27:54 by Azuna Hasbullah atau Abd Rahman