Indonesia: Anti-dumping import duties on steel products from seven countries, including China and India

It is reported in the press  that on Friday, 22 March Indonesia extended anti-dumping import duties of up to 20 percent for a number of flat-rolled iron and steel products from seven countries, including China, Russia and India. The extension of duties may take effect 14 days from March 19, when the Indonesian government signed the regulation.

Indonesia also imposed the tax on flat-rolled imports from Taiwan, Thailand, Kazakhstan and Belarus, and separately set an 11.9 percent anti-dumping duty on a few other iron and steel products from China.

It will be interesting to see to what extend those measures will positively impact the metal scrap market in Indonesia.