National

Canada Lifts Import Duty on Steel
Friday, 29 July, 2005 | 19:30 WIB

TEMPO Interactive, Jakarta:The Canadian government has lifted anti-dumping and compensation import duties on certain hot-rolled carbon steel plate products from Indonesia.

“So, there are opportunities to export these productd once again,” said Indonesian Trade Ministry spokesperson Imam Tambagyo in a press release on Friday (29/07).

The lifting of the import duties is being carried out by the Canadian dumping and subsidy authorities after reviewing the impact of import duties on steel sheet products from Indonesia last year.

This decision to exempt the import duties was issued on June 27.

Canada has imposed these two kinds of import duties on two Indonesian steel exporters-producers since June 27, 2000.

The anti-dumping import duties on the two producers totaled 15 percent and 27.6 percent respectively.

Meanwhile, the compensation import duties amounted to Rp757,728 per metric ton and Rp1,166,167 per metric ton.

“As result, the export of these products was halted,” said Tambagyo. (Rinaldi Dorasman-Tempo News Room)