KUALA LUMPUR – The Ministry of Investment, Trade, and Industry (MITI) indicated that eight of Malaysia’s nine existing anti-dumping measures apply to iron and steel products, including steel wire and galvanised sheets, while the remaining measure applies to plastic and resin products. These regulations are intended to safeguard local firms from unfairly priced imports while maintaining fair competition in the domestic market. Trade restrictions may also have an impact on raw material costs, production planning, and supply chains, which could affect manufacturing operations and industrial investment decisions.
For more information, click here to read more.
(Source: Bernama; The Edge Malaysia)