Wuhan wins HRC AD case in Indonesia

10/05/2008 12:00 - 875 Views

It is reported that Wuhan Steel will enjoy zero duty in exports of HRC to Indonesia after successful defenses against anti dumping investigation.

As per report Indonesia initiated anti dumping investigation into HRC from China, India and Russia on June 28th 2006.

In the preliminary determination released in September of 2007 Wuhan Steel's dumping margin was estimated at 23.86% which indicated a possible heavy duty. However, the steelmaker's data and documentations were recognized and the alleged dumping margin fell to 3.23%.

Wuhan Steel started further defense on December 4th 2007. Two weeks later Indonesia cut the dumping margin to 1.47% and suggested a zero duty.

May 05, 2008

Source: steelguru.com