The U.S. Department of Commerce has completed its review of silicon metal imports from Malaysia for the period of August 1, 2022, to July 31, 2023, and determined that these imports were not sold below their normal value in the U.S. market during this time. As a result, PMB Silicon, a Malaysian company, will not face additional antidumping duties, and the relevant U.S. imports will be processed without these extra charges. The customs deposit rate will remain at 12.27% for companies not specifically covered in the review. Importers are reminded to comply with regulatory requirements to avoid penalties.
Simple Explanation
The U.S. found that a special metal from Malaysia was sold at normal prices, so no extra fees will be added; a Malaysian company can keep selling it without extra costs, but other companies still have a small fee.