Malaysia has launched an investigation into alleged dumping of flat-rolled steel products from China, South Korea, and Vietnam. The probe follows a complaint from CSC Steel Sdn Bhd, a unit of CSC Steel Holdings Bhd, alleging that imported galvanized iron and steel coils or sheets are being sold below market value, causing harm to the Malaysian steel industry.

The government has found sufficient evidence to justify an anti-dumping duty investigation under Section 20 of the Countervailing and Anti-Dumping Duties Act 1993, as stated in a federal government gazette on February 6. The Ministry of Investment, Trade, and Industry (Miti) reported that the alleged dumping has led to increased import volumes, reduced market share, declining profitability, price undercutting, and difficulties in raising capital among local steel manufacturers.

Miti has invited stakeholders, including the governments of China, South Korea, and Vietnam, to submit evidence and arguments in response to the allegations. The investigation will determine whether these imports harm Malaysia’s domestic industry and could result in the imposition of anti-dumping duties if confirmed.

In 2024, other petitions were filed by domestic steel-related producers. In July, the Kuala Lumpur High Court allowed Mycron Steel Bhd to challenge the government's decision to lift anti-dumping duties on certain iron and steel imports. In August, Miti initiated an anti-dumping investigation following a petition by Perusahaan Sadur Timah Malaysia Bhd. In October, Miti launched another investigation into alleged dumping of steel wire rods from China, Indonesia, and Vietnam, following a petition by Southern Steel Bhd.

The February 6 gazette stated that Miti will distribute questionnaires to local steel producers, importers, and exporters from the three named countries. Interested parties have 15 days from the notice publication to request participation, with responses due within 30 days.

The investigation is part of Malaysia's broader trade enforcement strategy to protect domestic industries from unfair trade practices. Miti has assured that the probe will adhere to international trade regulations and transparency standards.

For inquiries, Miti has directed stakeholders to contact the Trade Practices Section and submit written submissions and questionnaire responses within the stipulated time frame.