November 2019 | Aluminium Weekly Market Tracker
Indonesian demand much higher than domestic supply: Asian and Middle Eastern Market Analysis - Flat Rolled Products
Indonesia’s Ministry of Industry has been implementing a number of policies to create a more conducive investment environment and encourage more investment in downstream and value-added industries.
Indonesia imposes safeguard tariffs on aluminium foil imports
According to a statement issued by Indonesian trade ministry last week, the Indonesian government has imposed safeguard tariffs on imports of aluminium foil, a move to protect the domestic industry from a surge in imports.
The tariff is set at 6% for the first year (from Nov 7, 2019 to Nov 6, 2020) and 4% from Nov 7, 2020 to Nov 6, 2021. This rate will be applied to imports from various origins, except 124 countries that have been excluded. Aluminium products from...
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