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News

Industry Expects Taxes to Curb Surging Steel Exports

18/09/2008

The Chinese steel industry is racing to export as much steel and steel products as it can in reaction to rumors over the past few months that the government is about to cancel its tax rebate and/or raise steel export tariffs. Steel exports have sought new highs in both July and August.

DOC Initiates New Shipper Review of Shanghai Fangjia

17/09/2008

The U.S. Department of Commerce initiated on Tuesday a new shipper review of wood bedroom furniture shipments to the United States from Chinese manufacturer Shanghai Fangjia covering the period Jan. 1-June 30, 2008.

Cheap Chinese imports may face duties

17/09/2008

New Delhi, September 9 - Even though cheaper imports worth $27 billion from neighbouring China have helped contain inflationary pressures on the Indian economy by stemming domestic prices, the Government is thinking of imposing anti-dumping and safeguards duties on these imports.Why? In the long term, these imports may jeopardise the domestic industry.

Beijing attacks Europe's anti-dumping duties

17/09/2008

A senior Chinese official yesterday criticised the EU for resorting to protectionism to keep competitive imports from China out of Europe, as European businessmen working in China warned of rising economic nationalism.

China chides EU for anti-dumping frenzy

17/09/2008

XIAMEN, China, Sept 9 (Reuters) - Europe should recognise China's increasing competitive edge in low-end manufacturing and stop hitting Chinese firms with anti-dumping duties, a senior Commerce Ministry official said on Tuesday.

EU anti-fraud agency investigates trade official

17/09/2008

BRUSSELS (Reuters) - The European Anti-Fraud Office (Olaf) said on Monday it was launching an investigation into claims by a newspaper that a senior trade official leaked commercially sensitive information in return for possible reward.

US AD duties on Russian magnesium rise to 15.77% - 21.71%

17/09/2008

Based on a final review determination issued recently by the US Commerce Department, US antidumping duty rates for Russian magnesium imports will rise to 15.77% for VSMPO/Avisma and to 21.71% for Solikamsk Magnesium Works.

China to begin Sunset Review of antidumping duties on imported SBR

17/09/2008

China's Ministry of Commerce announced on Monday it would initiate on Tuesday the Sunset Review of anti-dumping duties on Styrene Butadiene Rubber (SBR) originating in or exported from Russia, Japan and the Republic of Korea (ROK).