Indonesia Applies Anti-Dumping Duties for Steel Wire Rod Imports From China

Indonesia has issued a finance minister’s decree applying anti-dumping duties for steel wire rods import from China.

The government decided to slap the duties following an investigation by the country’s anti-dumping committee found that the dumping of steel wire rod imports from China caused losses to the Indonesia’s domestic industry.

The duties are additional to general import duties or to preferential import duties, according to the decree signed by Finance Minister Sri Mulyani Indrawati and posted on the ministry’s website.

There are more than 30 Chinese steel wire rod companies which are subject to the duties. The tariffs are valid for three years from April 3, 2018.

List of Chinese companies which have to pay antidumping duties:

No Exporters and/or Exporter Producer Anti-dumping duties

(in %)

1. Benxi Beitai Gaoisu Steel Wire Rod Co., Ltd 13.5
2. Benxi Beiying Iron and Steel Group Imp. And Exp. Corp Ltd
3 Benxi Iron & Steel Hong Kong Limited (Hong Kong)
4. Jiangsu Yonggang Group Co., Ltd 10.2
5. Lianfeng International PTE Ltd (Singapura)
6. HK Yonglian International Group Co. Ltd (Hong Kong)
7. Minmetals Yingkou Medium Plate Co., Ltd 12.6
8. Zhangjiagang Sheen-faith Steel Co., Ltd 12,1
9. Zhangjiagang Rongsheng Steel, Co., Ltd
10. Zhangjiagang Shajing Steel Co., Ltd
11 Zhangjiagang Hongchang High Wire Co., Ltd
12 Zhangjiagang Hongxing High Wire Co., Ltd
13. Jiangsu Sheen-faith High-Tech Co., Ltd
14. Jiangsu Shagang International Trade Co., Ltd
15. Xiansha International PTE Ltd (Singapura)
16. Power Metal Investments Ltd (Hong Kong)
17. Jiangyin Xingcheng Alloy Material Co., Ltd
18. Jiangyin Xingcheng Special Steel Works Co., Ltd
19. Zenith Steel Group Co., Ltd
20. Genesis Resources Co., Ltd
21. Zhangjiakou Xuanlong High Speed Wire Co.,
22. Xuanhua Iron & Steel Group Corp., Ltd
23 Angang Steel Company Limited
24. Angang Group International Trade Corporation
25. Angang Group Hong Kong Limited (Hong Kong)
26. Nanjing iron & Steel Co., Ltd
27. Nanjing Iron & Steel Group International Trade Co., Ltd
28. Singapore Jinteng International Pte. Ltd (Singapura)
29. Hunan Valin Xiangtan Iron & Steel Co., Ltd
30. Other exporters and /or exporter producers 13.5

Link to the Notification: 


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