Ada Modus Baru Impor Baja China!

CNBC Indonesia
27 Jan 202204:22

Summary

TLDRThe discussion highlights the challenges faced by the domestic steel industry due to the influx of imported steel products, particularly those priced unfairly (predatory pricing). Industry representatives, including Mr. Johanes, emphasize the impact on national steel companies and the need for stricter government regulation and consistent enforcement. Despite the local steel industry being capable of meeting international standards, imports with questionable pricing practices disrupt the market, harming long-term growth. The conversation also touches on issues of transparency and the importance of effective monitoring to prevent unfair competition in the steel industry.

Takeaways

  • 📉 Imported steel products with unfair practices and prices disrupt the domestic steel industry.
  • ⚠️ Unfair pricing and violations of HS-code standards harm the steel industry from upstream to downstream.
  • 📊 There is a potential increase in steel imports in market segments that domestic companies could serve.
  • 🏗️ The quality and specifications of domestic steel are competitive with international products.
  • 📦 Companies like Spindo have been exporting steel to countries like the US and Canada since 2003, showcasing their capabilities.
  • ⚔️ Predatory pricing practices harm local production and sales by creating unfair competition.
  • 🛡️ The government must act as a regulator to protect domestic industries and enforce stricter regulations.
  • 💼 Some businesses, especially upstream and mid-tier companies, are heavily impacted by predatory pricing.
  • ⚖️ Transparency in business practices is still lacking among many companies, which poses challenges to fair competition.
  • 🔍 Stronger monitoring, oversight, and enforcement are necessary to prevent recurring violations and protect the national steel industry.

Q & A

  • What is the main concern discussed in the transcript regarding imported steel products?

    -The main concern is the influx of imported steel products, especially those sold at unfairly low prices, which disrupts the domestic steel industry from upstream to downstream.

  • How do imported steel products affect the domestic steel industry according to the speaker?

    -Imported steel products, particularly those sold at unusually low prices, undermine the domestic industry by creating unfair competition and disrupting the entire supply chain from production to sales.

  • What are some practices mentioned in the transcript that contribute to the problems with imported steel products?

    -Some problematic practices include the misuse of HS codes, pricing manipulation, and other irregularities in product conventions that allow unfairly priced imported steel to enter the market.

  • What is the speaker’s view on the quality and competitiveness of the domestic steel industry?

    -The speaker believes that the domestic steel industry is highly competitive in terms of quality and specifications, with many local products meeting international standards and even being exported to countries like the U.S. and Canada.

  • How long has the domestic steel company Spindo been exporting products, and to which countries?

    -Spindo has been exporting steel products since 2003 to countries such as the United States and Canada.

  • What role does the government play in addressing issues related to imported steel products?

    -The government, as the regulator, is responsible for protecting the national steel industry by enforcing stricter regulations and ensuring consistency in monitoring, enforcement, and penalizing unfair practices.

  • What impact does predatory pricing have on the domestic steel industry?

    -Predatory pricing significantly harms the domestic steel industry, causing disruptions in sales and demand, and creating long-term negative effects on the national steel market.

  • According to the speaker, what is a key challenge in regulating imported steel products?

    -The key challenge is ensuring consistent monitoring and strict enforcement against predatory pricing and circumvention practices. If these actions are not dealt with firmly, the unfair practices continue to reoccur.

  • What does the speaker suggest would help prevent predatory pricing and other unfair practices in the steel industry?

    -The speaker suggests that stronger enforcement, including harsh penalties for violators, would create a deterrent effect and reduce the occurrence of predatory pricing and other unfair practices.

  • How does the speaker describe the ongoing challenge between regulators and those circumventing the rules?

    -The speaker compares the situation to a constant chase, where violators find new loopholes even after enforcement actions are taken, highlighting the need for dynamic and continuous regulatory oversight.

Outlines

plate

This section is available to paid users only. Please upgrade to access this part.

Upgrade Now

Mindmap

plate

This section is available to paid users only. Please upgrade to access this part.

Upgrade Now

Keywords

plate

This section is available to paid users only. Please upgrade to access this part.

Upgrade Now

Highlights

plate

This section is available to paid users only. Please upgrade to access this part.

Upgrade Now

Transcripts

plate

This section is available to paid users only. Please upgrade to access this part.

Upgrade Now
Rate This

5.0 / 5 (0 votes)

Related Tags
Imported SteelPredatory PricingMarket DisruptionDomestic IndustrySteel RegulationCompetitionGovernment OversightNational ProductionPricing PracticesIndustry Challenges