The international trade and industry ministry (Miti) said the wires from China were being imported into Malaysia at a price lower than the selling price there, thus affecting domestic producers of the same product.
The ministry said it had completed a detailed investigation on the issue in accordance with the Countervailing and Anti-Dumping Duties Act 1993 and Countervailing and Anti-Dumping Duties Regulation 1994.
The investigation followed a petition filed by Southern PC Steel Sdn Bhd on behalf of the domestic producers in Malaysia, it said in a statement.
Miti said it will impose 9.47% anti-dumping duties on Silvery Dragon Prestressed Materials Co Ltd Tianjin, 2.09% on Tianjin Dalu Steel Strand For Prestressed Co Ltd and 21.72% on other producers or exporters.
“The Royal Malaysian Customs Department will enforce the collection of anti-dumping duties on the merchandise for a period of five years from tomorrow (Dec 25).
“With this, we expect the issue of unfair trade practices to be addressed,” Miti added.