Posted on 14 Apr 2015
The Anti-Dumping Committee (KADI)
has initiated a sunset review on hot rolled coil (HRC) imports from Malaysia
and South Korea ahead of the expiration of anti-dumping measures that protect
domestic producers.
The steel product has been subject to punitive duties of 48.4 percent for
Malaysian manufacturers and up to 3.8 percent for Korean producers since 2011.
KADI chief Ernawati said Monday that the new probe was made based on a request
by Indonesia’s major steel maker, PT Krakatau Steel.
“KADI has found initial evidence that some overall imported HRC from South
Korea and Malaysia in 2014 was still dumped,” she said in a statement.
Both countries together made up 43 percent of the total steel product used in
building structures and making automotive components last year.
The sunset review looks for evidence of unfair trade practices before the end
of the imposition of anti-dumping duties that normally lasts five years. It can
result in the charging of new duties.
