a. that pursuant to results of investigation by the Indonesia Anti-Dumping Committee, there are evidences of the import of hot rolled coil by dumping from China, India, Russia, Taiwan and Thailand, which inflicted losses on domestic industry so that it is necessary to impose anti-dumping import duty on the import of Hot Rolled Coil from China, India, Russia, Taiwan and Thailand;
b. that based on consideration as described in a and in the framework of implementing the provision of Article 23D paragraph (2) of Law No. 10/1995 concerning Customs that is amended by Law No. 17/2006, it is necessary to stipulate regulation of the Minister of Finance concerning Imposition of Anti-Dumping Import Duty on the Import of Hot Rolled Coil from China, India, Russia, Taiwan and Thailand;
1. Law No. 7/1994 concerning Ratification of Agreement Establishing The World Trade Organization (Statute Book No. 57/1994, Supplement to Statute Book No. 3564);
2. Law No. 10/1995 concerning Customs (Statute Book No. 75/1995, Supplement to Statute Book No. 3612) that is amended by Law No. 17/2006 (Statute Book No. 93/2006, Supplement to Statute Book No. 4661);
3. Government Regulation No. 34/1996 concerning Anti-Dumping Import Duty and Compensatory Surcharge (Statute Book No. 51/1996, Supplement to Statute Book No. 3639);
4. Presidential Decision No. 20/P/2005;
1. Letter of the Minister of Trade No. 03/M-DAG/1/2008 dated January 3, 2008;
2. Final report of the Indonesia Anti-Dumping Committee on Anti-Dumping Investigation into the Import of Hot Rolled Coil from China, India, Russia, Taiwan and Thailand;
REGULATION OF THE MINISTER OF FINANCE CONCERNING THE IMPOSITION OF ANTI-DUMPING IMPORT DUTY ON THE IMPORT OF HOT ROLLED COIL FROM CHINA, INDIA, RUSSIA, TAIWAN AND THAILAND
(1) The import of hot rolled coil (Tariff Headings 7208.10; 7208.25; 7208.26; 7208.27; 7208.36; 7208.37; 7208.38; 7208.39 and 7208.90) from China, India, Russia, Taiwan and Thailand shall be subject to anti-dumping import duty.
(2) Names of producers/exporter of the goods and rate of anti-dumping import duty imposed on the import of the goods as described in paragraph (1) shall be as follows:
I. China
| No. | Companies | Anti-Dumping Import Duty (%) |
| 1 | Wuhan Iron & Steel (Group) Co. | 0 |
| 2 | Angang Steel Company Ltd. | 25,18 |
| 3 | Baoshan Iron & Steel Co. Ltd. | 25,18 |
| 4 | Other Companies | 42,58 |
II. India
| No. | Companies | Anti-Dumping Import Duty (%) |
| 1 | Essae Steel Ltd. | 12,95 |
| 2 | JSW Steel Ltd. | 22,25 |
| 3 | Other Companies | 56,51 |
III. Rusia
| No. | Companies | Anti-Dumping Import Duty (%) |
| 1 | Novolipetsk Steel | 8,96 |
| 2 | Magnitogorsk Iron & Steel Work | 30,86 |
| 3 | JSC Severstal | 5,58 |
| 4 | Other Companies | 49,47 |
IV. Taiwan
| No. | Companies | Anti-Dumping Import Duty (%) |
| 1 | Chung Hung Steel Company Ltd. | 4,24 |
| 2 | China Steel Corporation | 0 |
| 3 | Shang Shing Steel Industrial | 4,70 |
| 4 | Other Companies | 37,02 |
V. Thailand
| No. | Companies | Anti-Dumping Import Duty (%) |
| 1 | Sahaviriya Steel Industries Public Co. Ltd. | 11,23 |
| 2 | Nakornthai Strip Mill Public Co. Ltd. | 12,78 |
| 3 | G Steel Ltd. | 7,52 |
| 4 | Other Companies | 27,44 |
(1) The anti-dumping import duty as described in Article 1 shall be imposed for 5 (five) years as from the date of stipulation.
(2) The imposition of the anti-dumping import duty as described in Article 1 can be reviewed in not faster than 12 (twelve) months after the date of stipulation of this regulation.
The Director General of Customs and Excise is instructed to implement the provisions in this regulation.
This regulation shall come into force after 3 (three) days as from the date of stipulation.
For public cognizance, the regulation shall be published by placing it in State Gazette of the Republic of Indonesia.
Stipulated in Jakarta
On February 28, 2008
THE MINISTER OF FINANCE
signed,
SRI MULYANI INDRAWATI