Posted on 04 Jan 2024
The Indonesian Anti Dumping Committee has made its third anti-dumping sunset review final ruling on H and I sections originating in or imported from China. It has recommended that the Indonesian Ministry of Finance extend the validity period of AD duties for five years, Kallanish notes.
The duties are on H and I sections under HS codes 7216.32.10, 7216.32.90, 7216.33.11 and 7216.33.19. All Chinese producers and exporters face a duty rate of 11.93% if the proposal is adopted by the Ministry of Finance.
From 2009, Indonesia began the investigation and announced the imposition of AD measures on 23 November 2010. After two extensions, the measure would have expired on 2 April 2024.
In the first ten months of 2023, Indonesia purchased 27,030 tonnes of the products from China, which surged 75.1% from the year-ago level. Meanwhile, the market share also climbed from 41% to over 59%.
Source:Kallanish
