Malaysia has begun reviewing countervailing and antidumping duties on cold-rolled coils imported from China, Japan, South Korea and Vietnam, the Ministry of Investment, Trade and Industry said June 24.

The duties, which range between 4.76% and 26.39%, are scheduled to expire Dec. 24, and the ministry requests interested parties to “give their views on the impending termination of the imposition of the duties” before July 31.

The views should address “whether the continued imposition of the antidumping duties is necessary to offset the dumping of the subject merchandise and whether the injury would likely continue to recur if the duties were removed or varied,” the ministry said.

The duties took effect Dec. 25, 2019 and were applied to CRC of iron or non-alloy steel with a width greater than 1,300 mm and classified under HS codes 7209150000, 7209169000, 7209179000 and 7209189900.

The review comes as local steelmaker Eastern Steel Sdn Bhd is set to start up a new 2.58 million mt/year hot-rolled coil mill in the fourth quarter of 2024.

Platts, part of S&P Global Commodity Insights, assessed SS400 HRC of 3 mm thickness down $7/mt on the session at $510/mt FOB China on June 24. The same grade of coil was assessed down $10/mt at $516/mt CFR Southeast Asia over the same period.