The Indonesian Anti-Dumping Committee (KADI) has just announced the initiation of an anti-dumping investigation on colored corrugated iron products imported from China and Vietnam.
The Competition Management Department – Ministry of Industry and Trade has just announced that the Indonesian Anti-Dumping Committee (KADI) has announced the initiation of an anti-dumping investigation on color corrugated iron products imported from China and Vietnam.
The product under investigation is Colored Corrugated Iron (HS Code: 7210.70.10.00, 7212.40.10.00, and 7212.40.20.00). The plaintiff in the case is PT NS BlueScope Indonesia. Initiation date: December 23, 2016
Dumping investigation period: July 2015 – June 2016
According to KADI’s announcement, the total amount of goods imported into Indonesia (during the investigation period) was 224,120 tons. Of which, the amount imported from Vietnam and China is 196,191 tons, accounting for 87.5%.
The case will be investigated within 12 months (can be extended to 18 months if necessary).
In the Notice, KADI said it would initiate an investigation against related parties known to the agency.
For all export manufacturers/exporters, KADI recommends that these companies submit a stakeholder registration (in writing, within 14 days of notification of initiation of investigation) to KADI.
Previously, the Malaysian Iron and Steel Association warned that steel products, zinc-coated steel sheets, and color-coated steel sheets imported from Vietnam to Malaysia were skyrocketing.
According to the Vietnam Steel Association, in the first 10 months of 2016, Vietnam’s total steel exports reached more than 3.4 million tons, export turnover reached 1.99 billion USD. In particular, the export of galvanized steel products increased by 43%.
