Indonesia's Anti-Dumping Committee(KADI) has proposed that final anti-dumping duties of 7.2%-50.2% be levied on alloy-added hot rolled coil originating from China. This recommendation will now be forwarded to the Finance Ministry before a decision is made on implementation。
The targeted products are categorized under HS code 7225.30.90 and are alloy-added HRC which contain0.0008-0.003% boron content and/or less than and equal 0.025% titanium. In KADI's report released last week on the findings of its anti-dumping investigation, it specifies the grade of HRC as SAPH310, SPHC, SPHD, SPHE, SPFH490, S20C, SAE1045. The table below shows the final anti-dumping margins determined by KADI.
“It will be enforced when the Minister of Finance releases a decree of the issue based on the recommendation of KADI,” a Jakarta-based industry source says. “Usually it [KADI's recommendation] will be upheld,” he adds. "The KADI final report was just released. It may take another 60-75 days before the duties can be effective," a Jakarta trader says. KADI began its anti-dumping investigation in March 2020 after receiving an anti-dumping application from PT Krakatau Steel which produces 60% of HRC in the country.
Short comments: the anti-dumping application tax will definitely cause the rising price of the steel in Indonesia, as well as the average price of China steel factory, we use cold-rolled steel now, and the price maintain at a average level now, please contact us for more information about drum closure.
The Temperature Of The Spray Room And Drying Room Should Be Strictly ControlledJuly 4, 2022With the constant change of temperature and humidity, the evaporation rate of water will also be affected by the temperature and produce a certain degree of fluctuation, so the relevant personnel only...view
Innovations and Advancements in Oil Drum Cap TechnologyJanuary 18, 2024In today's rapidly evolving industrial landscape, the need for enhanced efficiency, safety, and sustainability has become paramount. Among the various elements within industrial processes, oil dru...view
Exploring the Versatility of Locking Ring Clamps in Drum Closure SystemsJanuary 18, 2024What Makes Locking Ring Clamps Essential in Drum Closure Systems?Drums are widely used for a variety of purposes, including storage, transportation, and containment of various substances. The secure c...view
The Future Of Packaging IndustryJune 30, 2022According to the research of Smithers in the future of packaging: long term strategic forecast to 2028, by 2028, the global packaging market will grow at an annual rate of nearly 3%, reaching more tha...viewSpot Market For Raw MaterialsJuly 1, 2022Import mine: on April 8th, the spot market activity of imported iron ore in the area along the Yangtze River has picked up somewhat compared with the earlier stage, the trade newspaper has improved th...view
National Holiday NotificationJune 30, 2022According to the relevant regulations of the General Office of the State Council, combined with the actual situation of our company, after research and decision, the specific arrangements for our Nati...view
EN
ko 
fr 
de 
es 
it 
ru 
pt 
ar 
vi 
th 
