Increasing by 10% compared to 2021 due to rising demand in Indonesian manufacturing.
Special Rates
Free Trade Agreement (FTA)
0%
Applicable under the US-Indonesia trade agreements or specific bilateral arrangements if Certificate of Origin is provided.
Most Favored Nation (MFN)
5%
Applicable to WTO members under MFN status if no specific FTA applies.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Imposes Preliminary Anti-Dumping Duties on Hot-Rolled Steel from Indonesia
The U.S. Department of Commerce announced preliminary anti-dumping duties on hot-rolled steel imports from Indonesia, citing unfair trade practices. The duties range from 5% to 20% depending on the producer.
2023-10-15
Impact: This could reduce the competitiveness of Indonesian hot-rolled steel in the U.S. market, potentially decreasing export volumes and increasing costs for U.S. buyers.
Indonesia Challenges U.S. Tariffs on Hot-Rolled Steel at WTO
Indonesia has filed a complaint with the World Trade Organization (WTO) against the U.S. over tariffs imposed on hot-rolled steel, claiming they violate international trade rules.
2023-09-22
Impact: A successful challenge could lead to the removal or reduction of tariffs, boosting Indonesian exports to the U.S., while a prolonged dispute may create uncertainty in trade relations.
U.S. Steel Industry Pushes for Stricter Controls on Indonesian Imports
U.S. steel producers have urged the government to tighten import controls on hot-rolled steel from Indonesia, alleging that subsidized imports are harming domestic manufacturers.
2023-08-10
Impact: Increased scrutiny or additional tariffs could further restrict Indonesian hot-rolled steel exports to the U.S., potentially shifting trade flows to other markets.
Policy Updates
U.S. Department of Commerce Issues Preliminary Determination on Hot-Rolled Steel
The U.S. Department of Commerce determined that hot-rolled steel from Indonesia is being sold at less than fair value, imposing preliminary anti-dumping duties ranging from 5% to 20% on imports under HS Code 7208.
Date: 2023-10-15
Indonesia Updates Export Regulations for Steel Products
Indonesia introduced new export licensing requirements for steel products, including hot-rolled steel, to monitor outbound shipments and ensure compliance with international trade agreements.
