Finance Ministry of Indonesia announced on 27th the ministry gave an order to start antidumping(AD) tax imposition to import of cold rolled steel sheet made by 5 countries including China, Korea, Chinese Taipei, Vietnam and Japan. AD taxes of up to 55.6% will be imposed to products made by Japan for 3years from 19th.
Japan Steel Scrap Composite Prices (Sangyo Press)10/18/2018
|36200YEN (-)||41300YEN (-)|
|318.38US$ (-0.82)||363.24US$ (-0.93)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)