TEMPO.CO, Jakarta – The Indonesian Anti-Dumping Committee (KADI) is investigating alleged dumping practices on imported hot rolled plates (HRP) from China, Singapore and Ukraine.
KADI chairwoman Ernawati said a sunset review that began on May 22 was carried out at the request of PT Gunung Rajapaksi, PT Gunawan Dianjaya Steel, and PT Jaya Pari Steel. The review is aimed at analyzing the possibility of dumping practices that led to profit losses suffered by domestic steel producers.
China, Singapore and Ukraine are subject to anti-dumping duties (BMAD). If this investigation proves the existence of dumping practices, the three supplying countries will be sanctioned; imposed with a higher BMAD.
According to the Central Statistics Agency (BPS), the HRP import volume reached 711,596 tons in 2012. The volume dropped to 617,114 tons and 357,373 tons in 2013 and 2014.
China, Singapore, and Ukraine in 2012 exported 420,971 tons, 358,192 tons in 2013 and 256,179 tons in 2014. Overall, in 2014 the three countries had a market share of 72 percent of Indonesia's imported HRP.
Vishnu Kuncara, corporate secretary of Krakatau Steel, said the Indonesian steel giant also applied for sunset review because the BMAD sanction imposed by the government could still adversely affect the domestic steel industry. He said there are 10 types of hot rolled plates imported from South Korea and Malaysia that should be re-examined as well.
ALI HIDAYAT | URSULA FLORENE | PINGIT ARIA