Monday, December 19, 2011

Seeking imposition of Safeguard duty

The Association of Carbon Black Manufactures on behalf of Phillips Carbon and Hi-Tech Carbon, has requested the Directorate General of Safeguards (DGS) for immediate imposition of safeguard duty on imports of carbon black originating from China for a period of four years, as the profitability of the domestic industry has been affected due to increased imports.

According to the Association, the imports from China have increased from 13,944 MT in 2008-09 to 70,193 MT in 2011-12.

The government has decided to investigate whether the increased import of carbon black from China was hurting the domestic manufacturers who are seeking imposition of a safeguard duty. 

Read lot more in Rubber4U – 1st January 2012 issue

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