Indonesian Political, Business & Finance News

Tin plate dumped here

Tin plate dumped here

JAKARTA (JP): The finance minister has imposed countervailing
duties ranging from 5 to 68 percent on tin plates from Australia,
South Korea and Taiwan.

The minister, by decree No.23/1999 dated Jan. 18, set
antidumping duties on tin plates from BHP Steel and other
Australian producers at 28 percent.

Tin plates from Japan are subject to 68 percent countervailing
duties. Those from South Korea's Dong Bu and Dong Yan face 5
percent duties, while tin plates from Posco and other Korean
suppliers are subject to 9 percent duties. All suppliers in
Taiwan will be subject to 41 percent countervailing duties.

The countervailing duties were imposed after a complaint from
domestic tin plate producer PT Latinusa, in Cilegon, West Java.
(vin)

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