ERJ staff report (DS)
Beijing -- China's Ministry of Commerce (MofCom) has said it began on Tuesday the Sunset Review of anti-dumping duties on Styrene Butadiene Rubber (SBR) originating in or exported from Russia, Japan and the Republic of Korea (ROK).
The Ministry said anti-dumping duties on these products will continue at least until the review is completed a year from now, on 9 Sept. 2009.
China decided to levy an anti-dumping tax on imported SBR from Russia, the Republic of Korea and Japan in September 2003. A mid-term examination in 2006 was started following an application by two Russian companies to reconsider the anti-dumping duty rate because of changed circumstances. Following that review duties were reduced for Togliatti Kauchuk Ltd. who saw duties fall to 6.81 percent, from 25 percent. For Voronezhsintezkauchuk, the rate fell to 4.02 percent, from 38 percent.
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Statement from MofCom