Beijing - China has imposed anti-dumping tariffs on nitrile rubber originating in South Korea and Japan, the the country’s Ministry of Commerce (Mofcom) announced 16 July.
The move, said Mofcom, followed an anti-dumping investigation which found that nitrile rubber from the two countries had been dumped causing “substantial damage” to the domestic rubber industry.
Under a preliminary ruling, the authority has implement temporary anti-dumping measures as follows:
Korean companies: Kumho Petrochemical Co. Ltd, 12.0%; LG Chemical, 15.0%; other Korean companies, 37.3%.
Japanese companies: Zeon Corp., 30.0%; JSR Corp., 18.1%; Other Japanese companies, 56.4%.