Indonesia extends the anti-dumping duty imposed on some steel products from China and other two countries
2019-08-07 11:40:04 [Print]
A regulatory document issued by Indonesia's Ministry of Finance on August 6 shows that Indonesia has extended its anti-dumping duties on some hot-rolled steel plates against China, Singapore and Ukraine for five years.
This anti-dumping duty, which was implemented from 2016, is due to expire this year but will be extended from August 15.
According to the document, the anti-dumping duty rate of hot-rolled steel sheets with specific specifications in China is 10.47%, and that of Singaporean and Ukrainian products is 12.5% and 12.33%, respectively. The tax rate remains unchanged.
The document also states that the Indonesian Government's Anti-dumping Committee believes that the exporters of the three countries still enjoy dumping profits.
This anti-dumping duty, which was implemented from 2016, is due to expire this year but will be extended from August 15.
According to the document, the anti-dumping duty rate of hot-rolled steel sheets with specific specifications in China is 10.47%, and that of Singaporean and Ukrainian products is 12.5% and 12.33%, respectively. The tax rate remains unchanged.
The document also states that the Indonesian Government's Anti-dumping Committee believes that the exporters of the three countries still enjoy dumping profits.
