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EU to Reduce Antidumping Duties for Interpipe

09/12/2008

The Euro Commission proposes to keep antidumping duties for Ukrainian pipes at a 44.1% level but to reduce them for Interpipe's products to 10.7%. This reduction of duties is a result of an antidumping search which was initiated by Interpipe at the end of 2007. The Commission notes that Interpipe is the only one of the 7 Ukrainian pipe companies which cooperated with them and therefore in the absence of any real evidence, the others will need to comply with the existing duties.

Cheap imports derail tyre industry

09/12/2008

MUMBAI: Hit by the slowdown in exports, the Rs 20,000-crore domestic tyre industry is battling other issues like fall in production of commercial vehicles and cheap imports from China. The Director General of Foreign Trade (DGFT) has placed imports of ‘radial’ truck and bus tyres in the restricted category to check imports. However, the industry has voiced its fears that unscrupulous traders may import these products, classifying them as ‘bias’ truck and bus tyres.

Restricting betel nut import through Mangalore port upheld

09/12/2008

MADURAI: The Madurai bench of the Madras High Court has dismissed a batch of writ petitions against the order of the Director General of Foreign Trade (DGFT), restricting import of betel nuts from South East Asian countries only through Mangalore port.

China fastener makers weigh price controls to avoid EU dumping duties

09/12/2008

BEIJING, Dec. 7 (Xinhua) -- China's screw and fastener exporters are concerned that they face anti-dumping duties of up to 87 percent in the markets of the European Union (EU) and might set internal price controls to avert European action, an industry expert said on Sunday.

Ukraine steel mills exhaust steel export quota to US

09/12/2008

It is reported that in January to November 2008, Ukrainian steel plants received licenses for supply of 150,080 tonnes of licensable sheet products to US. The Ukrainian Economics Ministry said this is 99.63% of the annual quota.

‘Monitor steel imports to safeguard domestic industry’

09/12/2008

Kolkata, Dec. 6 Mr Sushim Banerjee, Executive Director (Commercial), SAIL, has emphasised the need for introducing import monitoring system to protect the interests of the domestic steel industry.

Govt. asks industry to seek redressal in safeguard duty

09/12/2008

New Delhi (PTI): In a renewed effort to help the domestic industry competing hard with cheap imports in a difficult economic environment, the Central Board of Excise and Customs has asked homegrown units to seek redressal in the safeguard duties.

Xiangtan Steel and Lianyuan Steel encounter Indian AD investigation

09/12/2008

It is reported that India has launched anti dumping probe into hot rolled steel products imported from 15 countries including China, Japan, South Korea, Russia, South Africa, Indonesia and Turkey.