The commerce ministry has recommended for extension of anti-dumping duty for five years on carbon black used in the rubber and tyre industry from China and Russia, with a view to guard domestic players from cheap imports from these two countries.
In a notification, the ministry’s investigation arm Directorate General of Trade Remedies (DGTR) has said there is a “positive” evidence of likelihood of dumping of ‘carbon black used in rubber applications’ and injury to the domestic industry if the existing anti-dumping duty would be removed.
“The authority considers it necessary to recommend continuation of definitive anti-dumping duty” on all imports from China and Russia for a “further period of five years,”, it has said.
The directorate has recommended two duties, USD 494 per tonne for imports coming from China and USD 36.17 per tonne from Russia. The finance ministry takes the final decision to impose this duty.
In its probe, the directorate has concluded that there is a continued…