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Indonesia starts anti-dumping probe on color coated steel from Vietnam- The 18th China£¨Guangzhou£©Int¡¯l Sheet metal machinery,Forging, Stamping and Setting Equipment Exhibition
12/29/2016 sheet metal expo |
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Vietnam News reported that Indonesian Anti-Dumping Committee (KADI) has initiated an anti-dumping investigation of relevant colour-coated steel sheet imports from China and Vi?t Nam.
This was revealed by the Vi?t Nam Competition Authority (VCA) under the Ministry of Industry and Trade. VCA said the investigation could be implemented for 12 months and extended to 18 months if required.
The decision was made following the complaint by PT NS BlueScope Indonesia alleging that repeated illegal trade practices have devastated production and employment and are causing irreparable harm to the Indonesian steel industry. The colour-coated steel being investigated have HS codes of 7210.70.10.00, 7212.40.10.00 and 7212.40.20.00.
KADI said from July 2015 to June 2016, Indonesia imported 224,120 tonnes of colour-coated steel, of which, imports from Vi?t Nam and China were 196,191 tonnes, accounting for 87.5 per cent of the country¡¯s total steel imports.
VCA said Vietnamese colour-coated steel has been also under investigation by Thailand following the complaint of the NS BlueScope Company. The product can be levied anti-dumping taxes of 4.51 to 60.26 per cent in Thailand.
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The 18th China£¨Guangzhou£©Int¡¯l
Sheet metal machinery,Forging, Stamping and Setting Equipment Exhibition
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