Steel firms hurt by Indonesia anti-dumping duty: group
By Ted Chen, The China PostTAIPEI, Taiwan -- The Taiwan Steel & Iron Industries Association (TSIIA, 台灣區鋼鐵公會) yesterday protested against Indonesian authorities who ruled that Taiwan steel exporters are guilty of dumping and vowed to appeal the issue.
February 9, 2013, 12:03 am TWN
The regulatory body Komite Anti Dumping Indonesia (KADI), yesterday said it would penalize Taiwanese steel exporters by raising the anti-dumping duty of hot rolled coil from 0 to 14.69 percent, effective in March.
KADI chairman Bachrul Chairi asserted that the commodity is being sold in Indonesia at prices below production costs or lower-than-home-market prices.
“We've concluded that the product (from the five countries) is still being dumped on the local market and if we lift the duty, it will hurt our industry,” said Bachrul on Feb. 7 in Jakarta.
The TSIIA indicated that since last April, Indonesian authorities have been investigating the alleged dumping, but throughout the entire period there had been no public hearings, and no opportunities for Taiwanese steel exporters to mount a legal defense.
The TSIIA also stated that Indonesian authorities are in violation of code 5.8 and 9.2 of World Trade Organization (WTO) guidelines, while citing the precedent of a case involving the import of rice involving the U.S. and Mexico.
In contrast to precedents, where previously certified exporters are exempt from further anti-dumping probes, or at least have their anti-dumping duties unchanged, the Indonesian authorities have raised duties from 0 to 14.69 percent for all Taiwanese steel exporters.
In response, the China Steel Company (CSC, 中鋼) stated that its quarterly export volume for hot rolled coil to Indonesia averages at 20,000 tons, while indicating that they have complied in every way with Indonesian authorities in its anti-dumping investigation.