News Excerpt:
The Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation on ‘insoluble sulphur’ imports from China and Japan.
More on the news:
- DGTR, the investigation arm of the commerce ministry is probing the alleged dumping of 'Insoluble Sulphur' following a complaint by a domestic player.
- If it is established that the dumping has caused material injury to domestic players, the DGTR would recommend the imposition of anti-dumping duty on imports.
- The finance ministry takes the final decision to impose duties.
- Anti-dumping probes are conducted by countries to determine whether domestic industries have been hurt because of a surge in cheap imports.
- India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China.
Insoluble Sulphur:
- Insoluble sulphur is an important rubber additive agent.
- It is widely used in the manufacture of tyres, tread, shoes, all kinds of automobile rubber parts and other rubber products.
- Insoluble sulphur is mainly used as a vulcanisation accelerator and agent in the rubber industry.
- Vulcanization is a chemical process by which the physical properties of natural or synthetic rubber are improved.
- It allows a more solid adhesion of the rubber, prevents the rubber from breaking apart and improves resistance to heat and tyre wear, and is, therefore, an essential raw material in tyre production.
Anti-dumping duty:
Directorate General of Trade Remedies (DGTR):
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