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News

Turkey moves back into balance with China's PVC market

26/10/2009

This week the import PVC market in Turkey has moved up particularly at the low end although the downward trend is still effective in global PVC markets, particularly in China, where November sell ideas from Asian suppliers are announced lower. The turnaround in the Turkish PVC market is attributed to the fact that the market had been trading at a discount to China for the past several weeks.

Baosteel won Indonesia's levying anti-dumping tax on HR plate lawsuit

26/10/2009

Oct. 21 MetalBiz--On October 20, reporters learned from Baosteel Group that through one year's appear, at last Baosteel won Indonesia's anti-dumping on HR plate lawsuit. Indonesia government recently issuing the formal statement announced that its anti-dumping on China's HR plate case was formally concluded without damage.

Hanoi agrees to a partnership with Seoul Goal set for $20 billion in yearly trade by 2015

22/10/2009

HANOI - The leaders of South Korea and Vietnam agreed yesterday to upgrade the two countries’ relations to a “strategic cooperative partnership” to accommodate not only rapidly expanding economic and cultural exchanges but also political and security ties.

South Korea to recognize Vietnam as market economy

22/10/2009

Hanoi - South Korean President Lee Myung Bak said Wednesday that his country would recognize Vietnam as a market economy along with taking other steps to upgrade their relationship. Speaking to reporters after meeting Vietnamese President Nguyen Minh Triet in Hanoi, Lee said the two countries had agreed to upgrade their relationship to a "strategic partnership."

Poor US, Europe demand worries seafood exporters

22/10/2009

As the value of the dollar has plunged 13 per cent against the rupee in the recent past, the purchasing power of the US consumer has been blunted.

China Levies New Tariffs on Nylon From U.S., EU Beijing Says Imports Hurt Local Industry; Duties Reach 36%

22/10/2009

BEIJING -- China took steps to impose antidumping duties on certain nylon imports from the U.S., European Union, Russia and Taiwan, hitting companies in the U.S. with duties of as much as 36%.

Barriers failing to dent global trade

22/10/2009

A sharply rising number of attempts to block imports has led to a much smaller increase in actual tariffs and affected only a limited share of global trade, according to World Bank research.

Avoiding a global trade war

22/10/2009

Vancouver, BC, Canada, — The imposition of various antidumping tariffs on Chinese products has ceased to be surprising news. Such measures indicate that trade protectionism is not likely to end soon.