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Indonesia proposes AD on Chinese alloy-added HRC

Posted on 06 September 2021

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, Kallanish understands.

The targeted products are categorised under HS code 7225.30.90 and are alloy-added HRC which contain 0.0008-0.003% 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.

KADI's recommended final AD on Chinese alloy HRC (Source: KADI )

Exporter andor Exporting producer

Duty Margin

Rizhao Steel Holding Group Co Ltd

39.9%

Rizhao Steel Wire Co Ltd

Baohua Steel International Pte Ltd (Singapore)

Zhangjiagang Hongchang Steel Co Ltd

50.2%

Jiangsu Shagang International Trade Co Ltd

Xinsha International Pte Ltd (Singapore)

Shagang International (Singapore) Pte Ltd 

Shanxi Taigang Stainless Steel Co Ltd

9.7%

Shougang Jingtang United Iron & Steel Co Ltd

25.1%

Shougang Qian'an Iron & Steel Co

Shougang Holding Trade (Hong Kong) Ltd

Bengang Steel Plates Co Ltd

12.1%

Beinxi Iron & Steel (Group) International Economic & Trading Co Ltd

Benxi Iron & Steel Hong Kong Ltd

Shanghai Meishan Iron & Steel Co Ltd

7.2%

Baosteel Singapore Pte Ltd

Others

50.2%

Source : Kallanish