Higher antidumping duties urged for Japanese steel<\/p>\n
JAKARTA (JP): The Indonesian Association of Steel Pipe
\nProducers (Gapipa) has asked the Indonesian Antidumping Committee
\n(KADI) to impose higher antidumping duties against Japanese
\nwelded steel pipes.<\/p>\n
The association said here on Monday that the countervailing
\nduties against the Japanese welded steel pipes should be set at
\n81 percent.<\/p>\n
"All the importation of Japanese welded pipes are subject to
\n81 percent duties," the association's vice chairman Abbas
\nSoeriawidjaya told the press.<\/p>\n
The antidumping duties of between five percent and 81 percent
\nwere imposed by the committee early this month against welded
\nsteel pipes from Japan and Singapore.<\/p>\n
The countervailing duties affected several Japanese welded
\npipe producers, including Kawasaki, Marubeni, Nippon Steel, NKK
\nand Sumitomo, with antidumping charges of 12 percent, 51 percent,
\n5 percent, 81 percent and 54 percent respectively.<\/p>\n
Abbas said that the antidumping duties should be set at a
\nsingle rate of 81 percent because, with the current difference in
\nrates, producers of welded steel pipes subject to the higher
\nrates could market their products through pipe companies which
\nare paying lower import duties.<\/p>\n
The association also urged the government to impose a 78
\npercent import duty to all welded steel pipes imported from
\nSingapore.<\/p>\n
The antidumping duties are only temporary and will be
\neffective for four months from the issuance of the decree by the
\nFinance Ministry on July 12.<\/p>\n
The decree came following petitions lodged by local
\nsteelmakers against producers from Japan, Singapore, China and
\nSouth Korea.<\/p>\n
No duties were imposed on China and South Korean steelmakers
\nas KADI failed to find strong evidence to support the dumping
\nallegations.<\/p>\n
Abbas, however, said the association had strong evidence to
\nprove the two countries' dumping practices.<\/p>\n
"We know they have been shipping their steel through Singapore
\nand have sold the stuff here at a price 40 percent cheaper than
\nthe price offered by local producers," he said.<\/p>\n
He said the association expected KADI to continue the
\ninvestigation and impose antidumping duties of at least 40
\npercent on steelmakers from China and South Korea.<\/p>\n
While Indonesia is imposing antidumping duties on foreign
\ncompanies, the country's own steelmakers, including state-owned
\nfirm Krakatau Steel, are currently facing dumping accusations
\nfrom the United States.<\/p>\n
Krakatau Steel president Soetrisno did not say whether or not
\nthe company had practiced the dumping of its exports on America,
\nbut said his firm had been cutting back shipments to America to
\navoid unexpected inflictions.<\/p>\n
Indonesia's output of steel pipes reached 287,000 metric tons
\nlast year, higher than the 246,000 metric tons produced in 1998,
\nbut still way below the pre-crisis record of around 400,000
\nmetric tons.<\/p>\n
Gapipa predicted that total output this year would reach about
\n300,000 metric tons. (cst)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/higher-antidumping-duties-urged-for-japanese-steel-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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