Steel exports to Thailand imposed with a 30% anti dumping duty.
The Thai government has imposed a 30% anti dumping duty on imports
of hot rolled steel from 14 countries including Indonesia to replace
extra levy which was no longer effective on July 28, 2002. The new
policy will be effective for six months slapped on steel imports from
Indonesia, Japan, South Africa, Russia, Kazakhstan, Ukraine, India,
South Korea, Taiwan, Venezuela, Argentina, Algeria, Slovakia and Rumania
Under the regulation importers of hot rolled steel in Thailand are
required to have a bank guarantee for steel shipment from the countries
or origin including the list of the 14 countries. The fund will be
returned if there is no evidence found of dumping.