Indonesia’s planned rise in import duties will target flat steel products

Indonesia’s plan to increase the import duties on a variety of steel products would mainly affect carbon flat steel goods, according to a senior official at the Indonesian Iron & Steel Industry Assn (IISIA).


Hot rolled coil (HRC), cold rolled coil (CRC) and coated flat steel products were among the products likely to have their duties raised, Purwono Widodo, IISIA’s international relations director, told Steel First on Friday April 17.
A proposal to increase duties to 15% for 130 tariff codes for finished steel products has been prepared by the country’s industry ministry and sent for approval to the finance ministry.

Several discussions were held...

Published

Juan Weik

April 17, 2015

15:30 GMT

Singapore