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China to continue anti-dumping measures on SBR

(Xinhua)
Updated: 2009-09-08 15:01

China will continue to impose anti-dumping measures on styrene butadiene rubber (SBR) imported from Russia, Japan and Republic of Korea, the Ministry of Commerce said in a statement on its website Monday.

The anti-dumping measures will be effective for five years, starting from September 8, the statement said.

The statement said China decided to take the anti-dumping measures after a one-year review, as dumping of SBR could continue otherwise, and could damage the domestic industry.

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The ministry launched a review of anti-dumping measures for SBR from Russia, Japan and the Republic of Korea from September 8 of 2008 on the request of the Chinese SBR industry.

China began levying anti-dumping taxes from zero percent to 38 percent for five years on imports of SBR produced in Russia, Japan and Republic of Korea in September of 2003.

Styrene butadiene rubber is a raw chemical material used in tires and other rubber products.