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News

China "deeply concerned" on U.S. steel pipe checks

01/05/2009

BEIJING, April 30 (Reuters) - China is "deeply concerned" about U.S. investigations into Chinese-made steel pipes and tyres, the Commerce Ministry said on Thursday.

Manufacturers Urged to Safeguard Against Dumping

01/05/2009

Local manufacturers are being urged to increase their knowledge of trade practices so as to protect their products from unfair tactics employed by players in the international market.

Govt mulls import duty on paper products

30/04/2009

The government may impose additional import duty of 20 per cent on some paper products in order to protect domestic manufacturers like JK Paper, Ballarpur Industries and ITC from surge in imports of the product.

US protectionism growing, says China trade chief

30/04/2009

BEIJING (AFP) — US trade protectionism against China is growing, putting bilateral economic ties to the test, Chinese Commerce Minister Chen Deming said in Tuesday's Asian Wall Street Journal.

S Korea drags India to WTO on steel curbs

30/04/2009

NEW DELHI: South Korea, a major steel exporter, has asked India to explain to WTO—the multilateral body that sets rules of trade between countries—why it has imposed import curbs on steel items.

EU may drop AD case against Chinese seamless steel tube

30/04/2009

It is reported that the EU will likely drop the anti-dumping charges for imports of seamless steel tube from China, due to the lack of evidence.

Another Loss at WTO for U.S. Zeroing Policy; CITAC Calls on Government to End Anti-Consuming Industry Practice

30/04/2009

WASHINGTON - (Business Wire) The Consuming Industries Trade Action Coalition (CITAC) urged the Obama Administration to end the use of “zeroing” in antidumping cases in the wake of the latest World Trade Organization (WTO) panel report finding that the U.S. Commerce Department's use of the controversial methodology violates international trade obligations. The April 24 ruling – the 20th WTO ruling to go against the U.S. – clears the way for Japan to initiate retaliation against U.S. exports later this year if the U.S. continues to defy the WTO rulings.

Weighing the Merits of Steel Anti-Dumping Cases

29/04/2009

Whoever said, “the older I get the less I know,” got it right and in particular, around free trade as it relates to the steel industry. We have consistently written about the subject of free trade, both at a macro level such as these recent posts on the trade deficit and potential solutions to redress that issue as well as the conflict surrounding US Dollar and China RMB exchange rates. And by looking at our latter pieces, including one Stuart wrote about a steel anti-dumping case coming out of Europe, one might conclude that our position on trade has shifted from ‘ardent free-trade supporters to supporters with skepticism’