India to continue with anti-dumping duty on caustic soda from China, South Korea
India continue to impose anti-dumping duty on imports of caustic soda from China and South Korea for five years at $21.9- 48.39 per dry metric ton. “There is positive evidence of likelihood of dumping and injury if the existing anti-dumping duties are allowed to cease, the Authority is of the view that the anti-dumping duty in force on imports of the product under consideration from the subject countries is required to be continued further,” the Directorate General of Trade Remedies (DGTR) said in its latest notification. After a detailed examination, the DGTR concluded that the product under consideration is likely to be dumped in significant volumes in the event of expiry of duty. Moreover, the domestic industry is likely to suffer injury in case the anti-dumping duty in force is allowed to cease at this stage. Also, there is sufficient evidence to indicate that cessation of anti-dumping duty at this stage will lead to recurrence of dumping and injury to the domestic industry. In January 2020, the Alkali Manufacturers Association of India requested the GTR to initiate sunset review of anti-dumping duties imposed earlier and seeking continuation of anti-dumping duties against imports of Caustic Soda from China PR and Korea RP. The request was based on the grounds that the expiry of the measure was likely to result in continuation of dumping ofthe subject goods and consequent injury to the domestic industry. The request for continuation of anti-dumping duty has been supported by Chemfab Alkalis Limited, Chemplast Sanmar Limited, DCM Shriram Limited, Durgapur Chemicals Limited, Gujarat Fluorochemicals Limited, Lords Chloro Alkali Limited, Meghmani Finechem Limited, Nirma Limited, Orient Paper Mills, Punjab Alkalies & Chemicals Limited, Reliance Industries Limited, Tamilnadu Petroproducts Limited, TATA Chemicals Limited, TGV SRAAC Limited, The Andhra Sugars Limited and The Travancore – Cochin Chemicals Limited.
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