Demand for steel in Indonesia is expected to rise in 2016 on enhanced infrastructure development. However, the majority of steel - approximately 60 percent of total demand in Indonesia - is still being imported from abroad (primarily China). Gusti Putu Suryawirawan, Director for Base Metal Industries at Indonesia's Industry Ministry, said the government is eager to support the domestic steel manufacturing industry in order to avert further domination of foreign manufactured steel on the Indonesian market.

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Pemerintah Indonesia berencana menerapkan bea masuk anti-dumping sebesar 15% pada besi untuk mencegah impor besi besar-besaran dan mendukung industri besi domestik. Indonesia bukanlah negara pertama yang memberlakukan bea masuk impor anti-dumping pada produk-produk besi. Cina menerapkan bea masuk anti-dumping pada jenis tabung-tabung stainless steel tertentu dari Jepang dan Uni Eropa (dan karenanya meningkatkan kelebihan suplai besi dunia) sementara Malaysia menerapkan bea masuk anti-dumping pada hot rolled coils yang diimpor dari Cina dan Indonesia.

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Indonesia Investments has updated the company profile of Krakatau Steel, Indonesia's and Southeast Asia's largest steel producer. The company, which is for 80 percent government owned, has a crude steel production capacity of 2.45 million tons per year. However, through a lucrative joint venture with Posco, the world's third-largest steel producer, it will expand production capacity significantly in the years ahead. Besides steel production, the company has expanded into other industries.

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