India is set to extend the anti-dumping duty on imports of acrylonitrile butadiene rubber (ABR) from Korea RP for the next five years.

“The Authority is of the view that extension of anti-dumping duty is required to offset dumping and injury. Therefore, Authority considers it necessary and recommends the extension of anti-Jumping duty as modified on imports of subject goods from the subject country,” the Directorate General of Trade Remedies (DGTR) said in its notification.

The DGTR recommends imposition of anti-dumping duty equal to the Iesser of margin of dumping and the margin of injury, so as to remove the injury to the domestic industry. Accordingly, definitive anti -dumping duty in the range of US$  47.43 per MT to US$ 327.12 per MT is recommended to be imposed for five years from the date of the Notification to be issued by the central Government, on all imports of acrylonitrile butadiene rubber originating in or exported from Korea.

Earlier, Apcotex Industries Ltd had filed an application before the DGTR for imposition of anti-dumping duty alleging that the product from Korea RP is impacting the domestic industry.

Acrylonitrile butadiene rubber is used in the manufacture of various rubber articles where resistance to oil, abrasion and heat applications are involved, such as oil seals, hoses, automotive products, gaskets, rice dehusking rolls, printers, and fabrics.