The Ministry of International Trade and Industry of Malaysia has decided to continue imposing anti-dumping duties on pre-painted, painted or color-coated steel coils originating from China and Vietnam. The duties are valid for another five years from20 July 2021 and will expire on 19 July 2026.
PPGI products subject to investigation are classified under HS codes 7210.7021, 7210.7029 and7210.7090. Domestic producer CSC Steel filed a petition to extend the duties.
The Malaysian government has maintained the same tax rates for Chinese exporters and other Vietnamese exporters since 2016, at 52.1% and 34.85% respectively. Meanwhile, Maruichi Sun Steel Joint Stock Company is subject to a duty of 12.06%, also unchanged from the 2016 tax rate. NS BlueScope Vietnam Limited will also face a 34.85% rate, but Nam Kim Steel Joint Stock Company will again avoid taxes for the next five years.
Short comments: The anti-dumping duty has no impact on PPG Drum Closure, and for Malaysian customers with a certain purchase quantity, we can also apply for form E to exempt PPG Drum Closure from import duty.
How Drum Cap Seal Manufacturers Ensure Product Safety and IntegrityFebruary 5, 2024In today's fast-paced world, the need for secure packaging solutions has become paramount. When it comes to industries dealing with liquid or solid materials in large quantities, such as chemicals...view
The PACKCON Shows The New Power Of The Whole PackageJuly 1, 2022In order to make resources more concentrated and gather outstanding enterprises and products in the industry chain, China Packaging and Containers Exhibition 2021 will launch six special exhibition ar...view
Spot Market For Raw MaterialsJuly 1, 2022Import mine: on April 8th, the spot market activity of imported iron ore in the area along the Yangtze River has picked up somewhat compared with the earlier stage, the trade newspaper has improved th...view
A Sudden! A Container Ship Bound For The United Arab Emirates May Have Exploded After Leaking Steel DrumsJuly 1, 2022A container ship docked at Jebel Ali port in Dubai, United Arab Emirates, accidentally caught fire and exploded Wednesday night, causing a huge fireball to light up the night sky and tremors to be fel...view
The Evolving Cap Seal Industry in International TradeSeptember 22, 2023Introduction:In the dynamic world of international trade, cap seals play a crucial role in ensuring product integrity, preventing tampering, and enhancing consumer trust. Cap seals have witnessed a re...view
The Versatility, Application, And Future Development of Steel DrumsNovember 10, 2023Steel drums, also known as 55-gallon drums, are widely used in various industrial applications due to their durability, versatility, and cost-effectiveness. In this article, we will explore some commo...view
EN
ko 
fr 
de 
es 
it 
ru 
pt 
ar 
vi 
th 
