From the Hindu Business Line comes word that India’s Finance Ministry has decided not to impose anti-dumping duty on imports of carbon black (used in rubber applications) from China and Russia. The previous duties, which were in place for five years, expired on December 31, 2020. In making the decision, the Revenue Department turned down the recommendation of the Directorate General of Trade Remedies, which recommended the continuation of the anti-dumping duties for another five years. For carbon black imports from China, the recommended anti-dumping duty was $494 per ton, while the recommended duty for imports from Russia was $36.17 per ton. The decision affects only rubber blacks; specialty blacks used in plastics, inks, and printer cartridges are excluded.
January 12, 2021
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