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16 Aug
11:03

Idled Megasteel sparks new Malaysian HRC safeguard investigation

Malaysia is reportedly considering a new investigation into possible safeguard duties against imports of hot rolled coil. The investigation was brought at the request of Megasteel, the idled HRC and CRC producer which has now attempted to bring safeguard duties on HRC three times, Kallanish notes. The Ministry of Trade and Industry confirmed to The Edge Malaysia that it received a request to impose safeguard duties in late June. A decision to proceed is normally…
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