According to the Indonesian Finance Ministry’s Fiscal Policy Agency (BKF) said today, it may impose anti-dumping duping on imports of steel cold rolled coil and sheets from China, Japan, South Korea, Taiwan and Vietnam to be valid for three years.

The policy may be effective in a fee days, according to the local news paper.

The rate of duty will be between 5.9 percent and 55.6 percent requested by KADI, the Indonesian Anti-Dumping Commission.

The highest duty will imposed on Japanese companies including Nippon Steel Corporation and Sumitomo Metal Industries Ltd with 55.6 percent. The lowest duty will be charged on Taiwan’s SYNN Industrial.

KADI has set anti-dumping duties of hot-rolled iron and steel plates from China, Singapore and Ukraine last October.