Email Us

Indonesia Proposes To Impose Anti-dumping Duty On Chinese Alloy Hot Rolled Coil

Indonesia Proposes To Impose Anti-dumping Duty On Chinese Alloy Hot Rolled Coil


Indonesia's Anti-Dumping Committee(KADI) has proposed that final anti-dumping duties of 7.2%-50.2% be levied on alloy-added hot rolled coil originating from China. This recommendation will now be forwarded to the Finance Ministry before a decision is made on implementation。


The targeted products are categorized under HS code 7225.30.90 and are alloy-added HRC which contain0.0008-0.003% boron content and/or less than and equal 0.025% titanium. In KADI's report released last week on the findings of its anti-dumping investigation, it specifies the grade of HRC as SAPH310, SPHC, SPHD, SPHE, SPFH490, S20C, SAE1045. The table below shows the final anti-dumping margins determined by KADI.


“It will be enforced when the Minister of Finance releases a decree of the issue based on the recommendation of KADI,” a Jakarta-based industry source says. “Usually it [KADI's recommendation] will be upheld,” he adds.  "The KADI final report was just released. It may take another 60-75 days before the duties can be effective," a Jakarta trader says. KADI began its anti-dumping investigation in March 2020 after receiving an anti-dumping application from PT Krakatau Steel which produces 60% of HRC in the country.


Short comments: the anti-dumping application tax will definitely cause the rising price of the steel in Indonesia, as well as the average price of China steel factory, we use cold-rolled steel now, and the price maintain at a average level now, please contact us for more information about drum closure.

Popular Drum Barrel Fittings

Related Drum Accessories and Fittings News & Blog

  • Selection Of Raw Materials For Various Parts Of Cold Heading MachineSelection Of Raw Materials For Various Parts Of Cold Heading MachineJuly 4, 2022(1) The raw material must be spheroidized and annealed, and the metallographic structure of the material is spherical pearlite.(2) In order to reduce the cracking tendency of the material as much as p...view
  • Advantages of Plastic BarrelsAdvantages of Plastic BarrelsApril 18, 2023Plastic drums, also known as polyethylene drums, are ideal containers for storing chemicals, foods, medicines and other items. Before using them, you need to know some important things to ensure that ...view
  • Water - Based Paint Coating Several Technical Requirements AnalysisWater - Based Paint Coating Several Technical Requirements AnalysisJuly 1, 20223. How to construct: waterborne paint can be painted and sprayed.The area is not large, brush construction: waterborne paint brush is recommended to use waterborne nylon brush construction, along the ...view
  • 55-Gallon Steel Drum55-Gallon Steel DrumMay 12, 2023In life, we often hear the term "55-gallon drum". So where does this number come from? In fact, the 55-gallon drum is a commonly used liquid storage container with a capacity of 55 American ...view
  • Plastic Drum Cap Seals and Their Role in Industrial PackagingPlastic Drum Cap Seals and Their Role in Industrial PackagingJanuary 31, 2024In today's world, efficient and secure packaging is of utmost importance in the industrial sector. Industries rely heavily on packaging to ensure the safety and protection of their products during...view
  • Oil Standard For Construction MachineryOil Standard For Construction MachineryJuly 1, 2022Construction machinery oil refers to the lubricating oil specially used for large excavators, loaders, hoisting machines, forklifts, cranes, concrete mixers, road rollers and other large machinery equ...view
Tel
86-18768445568
Address
No.58 Qinjian Road, Hengshan Industrial Park, Shouchang Town, Jiande City, Zhejiang Province, China