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Steel imports strengthen 70% in Nov
16/12/2008
NEW DELHI: India’s steel imports jumped more than 70% to 1.4 mn tonnes last month against 8 lakh tonne in the same month a year ago, says a monthly data released by the steel ministry. The sharp rise in imports was due to low-priced shipments coming from China, Thailand and Ukraine into India at $450-500 per tonne, 25% cheaper than the international price, then ruling at $600-700 per tonne.
CSUSTL Files Comments With USTR Urging a Strong Defense of U.S. CVD Cases Covering China in the WTO
16/12/2008
WASHINGTON, Dec 12, 2008 /PRNewswire-USNewswire via COMTEX/ -- The Committee to Support U.S. Trade Laws (CSUSTL) today filed written comments with the United States Trade Representative (USTR) urging the U.S. government to vigorously defend its interests before the World Trade Organization (WTO) in a dispute settlement proceeding brought by China against the United States. China has requested the establishment of a dispute settlement panel in connection with the application of the antidumping and countervailing duty laws to China in certain cases covering circular welded pipe, laminated woven sacks, light-walled rectangular pipe and certain off-the-road tires.
Cement industry in a worse slump than ’06
16/12/2008
Image General Manager of Caribbean Cement, Anthony Haynes says the industry is now experiencing a slump worse than the 2006 cement crisis. Mr. Haynes, who was speaking at a Rotary Club meeting on Thursday, said Caribbean Cement supplied 189,000 tonnes of cement to the market during the March to May 2006 crisis in which tonnes of poor quality cement was recalled.
