The Indian government has imposed antidumping duties on caustic soda imported and originating from South Korea that came into effect on Monday.
Caustic soda lye and caustic soda solid/flakes exported and originating from South Korea now incur an antidumping duty of $366/dry mt. The duty will be levied until December 25, 2013, and is payable in Indian currency, the customs department said in a notification issued October 3.
A department investigation had found that the domestic industry had suffered material injury due to the dumping of caustic soda from South Korea, the notification said.
The Indian government on August 23 imposed antidumping duties of $379/ dry mt on caustic soda from Thailand and Norway and $361/dry mt on caustic soda from Taiwan. Those duties will be levied for five years from that date unless revoked, superseded or amended earlier, and are also payable in Indian currency.
