China Steel Corp (中鋼), the nation’s only integrated steelmaker, yesterday said it would lower prices by 1.3 percent per tonne on average for October and November shipments in response to a US anti-dumping tax on steel products made in Taiwan.
The Ministry of Industry and Trade (MoIT) said it would abrogate its circular on procedures for importers of passenger cars with nine seats or less, as soon as the Ministry of Transport issues regulations with similar effect for road vehicles.
Minister for Large and Medium Industries R.V. Deshpande has urged the Union government to impose an anti-dumping levy on the import of Chinese tyres into the country.
The European Commission on Tuesday reimposed anti-dumping duties on three Chinese exporters of solar modules and cells citing breaches to terms of an agreement they had reached with Brussels not to sell below a minimum price.
For the first time since the era of pagers, dial-up, and Y2K hysteria, U.S. trade remedy cases are experiencing a resurgence. Under U.S. law, U.S. producers of goods may petition the U.S. government to impose extra tariffs on the import of competing goods deemed to be traded unfairly.
Saudi Arabia said Monday it has lifted a temporary ban on importing chicken from 15 U.S. states after they have succeeded in controlling Avian Influenza (bird flu).