The Australian government has announced that it has imposed antidumping (AD) duty on hot rolled steel
plate imports from
Japan,
China,
Indonesia and South Korea and countervailing duty (CVD) on the same imports from
China. The antidumping duty rates for the hot rolled steel
plate imports from the abovementioned countries range between zero and 54.9 percent.
The products subject to antidumping duty currently fall under tariff codes 7208.40.00, 7208.51.00, 7208.52.00 and 7225.40.00.
Meanwhile, the
Japan Iron and Steel Federation has expressed its disappointment regarding
Australia's antidumping measure decision, recalling that during the investigation the Japanese steel industry repeatedly stated that exports of hot rolled
plate steel from
Japan have caused no injury to the domestic industry in
Australia. The JISF said that the Japanese steel industry will carefully study this decision and, after holding discussions with the Japanese government, will determine a proper course of action.