On March 3, 2008, the Indonesian government announced its decision regarding the antidumping investigation into imports of hot rolled coils from five countries - i.e. China, India, Russia, Taiwan and Thailand. As a result of the investigation, Indonesian government decided to impose the antidumping duty on subject products originated from the abovementioned five countries.
The rates of antidumping duty have been established as the followings:
Exporters | AD Duty (%) |
Wuhan Iron & Steel (Group) Co. | 0 |
Angang Steel Company Ltd. | 25,18 |
Baoshan Iron & Steel Co Ltd | 25,18 |
Others | 42,58 |
Essar Steel Ltd | 12,95 |
JSW Steel Ltd | 22,25 |
Others | 56,51 |
Novolipetsk Steel | 8,96 |
Magnitogorsk Iron and Steel Works | 30,86 |
JSC Severstal | 5,58 |
Others | 49,47 |
Chung Hung Steel Compant Ltd | 4,24 |
China Steel Corporation | 0 |
Shang Shing Steel Industrial Co Ltd | 4,70 |
Others | 37,02 |
Sharvirya Steel Industries Public Co Ltd | 11,23 |
Narkornthai Strip Mill Puvlic Co Ltd | 12,78 |
G Steel Ltd | 7,52 |
Others | 27,44 |