News

India Begins Anti-Dumping Probe on Steel Imports from China
India Begins Anti-Dumping Probe on Steel Imports from China

02/10/2024

India has launched an anti-dumping investigation into Cold Rolled Non-Oriented Electrical Steel from China. POSCO Maharashtra Steel Pvt. Ltd. and CSCI Steel Corporation India Pvt. Ltd. claim the imports are harming domestic producers. The investigation aims to determine if anti-dumping duties are necessary.

EU states plan Friday vote on Chinese EV tariffs
EU states plan Friday vote on Chinese EV tariffs

02/10/2024

EU member states are expected to vote on whether to slap hefty tariffs on imported electric cars from China on Friday, European diplomats said on Monday.

Vietnamese shrimp exports to China enjoy rebound
Vietnamese shrimp exports to China enjoy rebound

02/10/2024

Vietnam’s shrimp exports during the eight-month period of the year to China soared by 21% to reach US$477 million against the same period from last year, according to figures released by the General Department of Vietnam Customs.

Canada to impose 25 per cent surtax on select Chinese-made steel and aluminum products
Canada to impose 25 per cent surtax on select Chinese-made steel and aluminum products

02/10/2024

Canada will be imposing a 25 per cent surtax on select imports of steel and aluminum from China, after unveiling its final list of impacted products on Tuesday.

Cashew industry faces risk of trade deficit
Cashew industry faces risk of trade deficit

02/10/2024

Exports of cashews were up 22.9 per cent in volume and 21.8 per cent in turnover year-on-year, according to the General Department of Customs, with an average price per tonne of US$5,706.

Imported aluminium extrusions from South Korea hit with new anti-dumping margins in the US; Automotive sector to see minimal effect
Imported aluminium extrusions from South Korea hit with new anti-dumping margins in the US; Automotive sector to see minimal effect

02/10/2024

The US Department of Commerce has set a maximum anti-dumping margin of 3.13 per cent on aluminium extrusions imported from South Korea. According to the South Korean government, this decision is expected to have a limited direct impact on the automotive industry.

Italy: €2.4 million seized from companies evading anti-dumping duties
Italy: €2.4 million seized from companies evading anti-dumping duties

02/10/2024

At the request of the European Public Prosecutor’s Office (EPPO) in Bologna (Italy), the Italian Financial Police (Nucleo di Polizia Economico Finanziaria - Guardia di Finanza) in Ferrara executed a freezing order of nearly €2.4 million from two companies involved in the import of stainless steel coils. The companies and their administrators are being investigated for evading customs duties and ideological forgery.

Malaysia Seeks Opportunities From US-China Trade Conflict
Malaysia Seeks Opportunities From US-China Trade Conflict

02/10/2024

Chinese Commerce Minister Wang Wentao and his US counterpart are expected to hold a call soon to discuss trade and economic relations, according to a report by China’s state-run Xinhua and Reuters on their reports on Tuesday (1 Oct). Citing individuals familiar with the matter, the report mentioned that the call will focus on key issues of mutual concern, including restrictions on electric vehicles (EVs).

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