Ukraine on Wednesday lifted an emergency import duty on cars which was imposed in 2013 to protect local producers, the state commission on foreign trade said.
The European Union steel industry sounded a fresh alarm about low-priced imports of hot-rolled coil from China, signaling an imminent push for EU tariffs on Chinese producers.
The Malaysian Ministry of International Trade and Industry (MITI) has started an anti-dumping investigation on Vietnamese exports of alloy and non-alloy cold-rolled steel coils with the thickness of 0.2-2.6 mm and width of 700-1,300 mm.
A World SteelDynamics report has put India ahead of most countries, except the CIS, on the cost curve. Yet the sector is reeling from cheap imports and high inventory levels, to the effect that the government recently imposed a 20 per cent safeguard duty on hot rolled coilsfor 200 days.
India has informed the World Trade Organisation that it has initiated an investigation into imposing safeguard duty on import of certain steel products which are causing injury to the domestic manufacturers.
The European Union could lose up to 3.5 million jobs if it removes its trade defenses against China as Beijing expects it to do by the end of 2016, according to a study for a group of 25 European manufacturing federations published on Friday.