The Government of Malaysia had received a petition from a domestic producer for the imposition of anti-dumping duty on imports of steel wire rods. The countries which are allegedly dumping (either originating in or exported from) include Taiwan, China, Indonesia, South Korea, and Turkey.
The petitioner argued the following, 1) the products are being brought into Malaysia at a price much lower than the price in the domestic market of the alleged countries, 2) the alleged dumping practice caused material injury, and 3) the imports from the alleged countries have increased in terms of absolute quantity, resulting to price undercutting, price suppression, price depression, low production, and capacity utilization, decline in profitability, decrease in number of employees, and negative return on investment.
After determining that there was sufficient evidence of dumping, injury and causal link, the government of Malaysia decided to initiate a preliminary investigation on the product concerned on 28 June 2012. According to the Countervailing and Anti-Dumping Duties Act 1993 and its related regulations, such an investigation will be made within 120 days from the date of the initiation.
All interested parties (importers, foreign producers, exporters and associations) may request for questionnaires no later than 11 July 2012. Further, they are invited to make their views known in writing by replying to the questionnaires with supporting evidence to the Ministry of International Trade and Industry (MITI) Malaysia on or before 5 August 2012.