RI's antidumping duties

RI's antidumping duties

JAKARTA (JP): Indonesia's antidumping committee has imposed
duties on imports of hot rolled coil or plates from China, India,
Russia and the Ukraine, to replace temporary tariffs introduced
earlier this year.

A ministerial decree on the new import duties was issued
Monday but it has been effective since April 17 and will last for
five years.

According to Antara, importers which had paid higher duties
before the new decree was issued would be refunded for their
excess duties.

Under the decree, hot rolled coil or plates from China would
be given a 30 percent duty, those imported from India's Tata Iron
and Steel (26 percent) from another Indian company, Essar Iron
and Steel (23 percent), while other companies from the country
(38 percent).

Russia's Novolipetsk gets a 19 percent antidumping duty, while
other Russian companies (39 percent), Ukraine's Ilych Iron and
Steel (18 percent), Zaporozsthal (26 percent), other Ukrainian
companies (42 percent). (das)