Malaysia Steel Chamber of Commerce oppose to Raise Steel Protection Tax

  • Wednesday, November 2, 2016
  • Source:ferro-alloys.com

  • Keywords:Malaysia Steel and Metal Chamber of Commerce,steel
[Fellow]According to Malaysia Steel and Metal Chamber of Commerce noted that the Government plans to raise duty on certain steel products to 19%, however, MSMCC will stick against.

[www.ferro-alloys.com]According to Malaysia Steel and Metal Chamber of Commerce noted that the Government plans to raise duty on certain steel products to 19%, however, MSMCC will stick against. 

Malaysia International Trade and Industry were of the view that iron and steel industry and raw materials, and manufacturing should work closely together to enhance steel industry value in order to improve domestic consumption.
Malaysia recently to impose the protection tax on wire rod and rebar were 13.9% and 13.42%, these products had included 5% of import taxes, now will increase to 19%.
  • [Editor:liujianwei]

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