Miti conducts anti-dumping probe on steel wires from China

The government has received a petition from Southern PC Steel Sdn Bhd requesting for an anti-dumping investigation to be conducted on imports of stranded steel wires for prestressing concrete from China.

In a statement, the Ministry of International Trade and Industry (Miti) said the petitioner alleged that imports of the subject merchandise are being dumped into Malaysia at a price much lower than the selling price in China’s domestic market and this is causing material injury to the domestic industry in Malaysia.

“The petitioner further claimed that...