The Malaysian Ministry of Investment, Trade, and Industry has announced it has initiated an anti-dumping investigation into steel bars from Vietnam, China, and Indonesia per an announcement from Vietnam Ministry of Industry and Trade. The probe was prompted by a request from Malaysia’s domestic steel manufacturing sector, represented by Southern Steel Berhad.
Of note, this is the second anti dumping probe into steel bars launched this week with Australia announcing a similar investigation. This is in line with a growing number of antidumping and circumvention investigations on steel products exported from Vietnam.