Indonesia's finance department announced that in order to enhance the competitiveness of the domestic steel tube import industry, the finance department decided to cancel the provisionalanti-dumping duty of 81% for imported seamless steel pipe in China, Japan, South Korea and Singapore since June 12.
According to the ministry of finance department, a spokesman for Indonesia's anti-dumping committee recently did a research on the imported situation of seamless steel pipe for other countries, and found that most of them are importing seamless steel pipe by dumping price, while the Indonesian government in order to protect the domestic steel industry, has been levied 81% of anti-dumping duties on imported steel pipe, which will undoubtedly affect Indonesia import of seamless steel pipe. To this, the Indonesian government decided to cancel the anti-dumping duties.
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