Steel millers seek Govt help to deal with trade practices by China firms


ntKUCHING: Local steel millers will seek help from the Government to file trade remedy measures over alleged “unfair trade practices” of some Chinese steel manufacturers.

These manufacturers had allegedly exploited the loopholes in the China tax structure to take advantage of an export rebate of 9% to 13% by declaring their exports to Malaysia as alloy instead of steel.

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