Malaysia's Ministry of Investment, Trade & Industry (MITI) announced on 10 October that it has started an anti-dumping investigation on imports wire rod imports from China, Indonesia and Vietnam, in response to complaints from a local producer.
The investigation will cover imports of wire rod under the HS code of 7213.91.1000, 7213.91.2000, 7213.91.9000 and 7227.90.9000, following a petition lodged by a local producer, Southern Steel in Pulau, Pinang.
MITI did not mention the investigation period for the case. It said that Southern Steel has provided evidence that imports of the subject merchandise (wire rod) from China, Indonesia and Vietnam have increased in terms of absolute quantity, causing injury to Malaysian domestic industry.
Indonesia was the biggest supplier of wire rod to Malaysia at 120,000t under the above HS code over January-July 2024, up by 8.6pc on the year, according to GTT. Deliveries of wire rod from China to Malaysia rose by 6.4pc on the year to 82,000t over January-July, while those from Vietnam fell by 41.8pc on the year to 23,500t over the same period.
