On June 13, the Indian industry body ASSOCHAM called on the Indian Minister for Commerce and Industry Nirmala Sitharaman and submitted a memorandum, strongly suggesting the imposition of a 30 percent export duty on iron ore pellets in the ...
Tags: Iron Ore Pellets, steel capacity
The government of Pakistan has announced some new tax measures in its federal budget 2014-15, introducing 10 percent customs duty on flat rolled silicon and alloy steel imports to bring them to a par with flat rolled products of non- alloy ...
Tags: Import Duty, Alloy Flat Steel
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has stated that the Indian Supreme Court order for the temporary closure of about 26 iron ore mines in the Indian state of Odisha may result in a significant fall in ...
Tags: Iron Ore, import duty
Exports of Russian acetone dropped to just 2,666 mt in March after the explosion at the Omsk acetone plant forced other Russian producers to shift their focus to the domestic market, the latest data published by the Federal Customs Service ...
Tags: Acetone, acetone plant
The Pakistani Government is actively considering imposing duty on yarn import from India, however, the final decision would be taken after consulting with all the stakeholders and keeping in view the national interests, said Minister of ...
Tags: Yarn Imports, Pak Govt
The new Chinese cotton policy has the potential to derail Indian raw cotton exports to the biggest cotton consuming country in the world. As per the new policy to be made applicable from April 1, the Chinese government has lowered cotton ...
Tags: Cotton Exports, Cotton Policy
The Indian government has been caught between the conflicting demands of iron ore miners and steel producers regarding the recently imposed five percent export duty on iron ore pellets, a government official said on Wednesday, March 5. As ...
Tags: Iron Ore, Export Duty
The Turkish Steel Exporters' Association (CIB) has stated that Egypt's Ministry of Industry and Foreign Trade last weekend declined Egyptian steel producers' request to launch another safeguard investigation against Turkish steel. The CIB ...
Tags: Steel, Steel News, Turkish Steel, Egypt
The year 2013-14 was difficult for fabric manufacturing industry as it faced problems on several fronts such as continued inflationary pressures, firming of yarn prices and persistent slowdown in global textile industry. The current ...
Tags: fabric industry, Textile
Vietnam's Ministry of Industry and Trade recently issued a decision on application of provisional antidumping measures on certain imported cold-rolled stainless steel. The ministry said on its website on Friday that the decision was ...
Tags: Antidumping Taxes, Stainless Steel
Egypt's Ahram Online has reported that the Egyptian Ministry of Trade and Industry earlier this week launched an investigation regarding the impact of Turkish steel imports. The report suggested that the Turkish imports increased by 20 ...
Tags: Steel Imports, Mineral
The government of India has raised import duties on natural rubber by 50% effective January 1, according to a statement released Monday. The Indian government has fixed an import duty at Rupees 30/kg (48 cents/kg), or 20% of the value of ...
Tags: Rubber Import, Chemicals
China will re-introduce an import tax on diesel -- at 1% -- from January 1, 2014, following approval from the State Council, the country's Ministry of Finance said Monday. No reason was given for the change. Diesel had been exempt from ...
Tags: Diesel Tax, Mineral
During these days, the Indian domestic demand for hot rolled coils (HRC) still remained weak. Currently, China offers US$530~US$535/ton FOB for HRC with boron to India. Considering adding the freight, the CFR price would reach ...
Tags: HRC, Construction
The Turkish Steel Exporters' Association (CIB) has announced that Egypt has terminated its safeguard investigation regarding rebar and wire rod imports launched in late November 2012, without any affirmative decision to impose a safeguard ...
Tags: Wire Rod Imports, Rebar