India Slaps Duty Upon Imported Carbon Black
The Press Trust of India reports the country’s government has imposed anti-dumping duties upon imported carbon black used by the rubber industry in an attempt to protect the domestic industry against from cheap shipments from China, Australia, Thailand and Russia. The import duties range from US$0.084 to $0.423 per kilogram, India’s Central Board of Customs and Excise (CBEC) said in a statement.
According to the CBEC, China, Australia, Thailand and Russia have been exporting carbon black to India below their normal value. The anti-dumping duty would be effective for five years, it said. The duty was recommended by an agency of India’s Commerce Ministry, which concluded “the domestic industry has suffered material injury.”
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