China has been frequently referred to as “the world’s factory”, but why? The Beijing government and the citizens of China are extremely proud of their ever growing economy. One of the reasons for the boom in China's ...
Tags: Chinese Wholesale
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
Argentina will retroactively cut the duty for biodiesel exported in March from 21.75% to 11.07%, according to Claudio Molina, executive director of the Argentina Association of Biofuels and Hydrogen. The official announcement has yet to ...
Tags: Biodiesel Export, export market
Russia has agreed to ship 23 million mt of crude to Belarus this year, a spokeswoman for the Russian Energy Ministry said Friday. Russia is planning to ship 21 million mt by pipeline and a further 2 million mt by rail this year, the ...
Tags: Crude, oil products
Kazakhstan's natural monopoly regulator AREM has approved raising the crude oil export shipment tariff for national oil pipeline operator KazTransOil by 20% from the current level to Tenge 5,817.20 ($31.57)/mt per 1,000 km from April 1. ...
Tags: Crude Oil, Tariff, natural monopoly
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
Chinese exported 310,000 mt of metallurgical and semi-finished coke in September, almost three times what it exported a year earlier, preliminary data released Saturday by the General Administration of Customs showed. In September 2012, ...
Tags: Coke Exports, Mineral
India's Finance Ministry has ruled out reducing the country's current iron ore export duty of 30 percent, according to media reports, ignoring requests from domestic iron ore producers. In August, India's Mines Ministry was seeking to ...
Tags: Iron Ore, Mines Ministry
The Vietnamese government is considering the removal of a 15 percent export duty on stainless steel scrap to reduce the financial burden on domestic stainless steelmakers, according to media reports. The government also is mulling a zero ...
Tags: Stainless Scrap, Mineral
The government is expected to raise import duty on refined edible oil to 10%, from 7.5% at present, to protect the domestic oil refining industry. A Cabinet note regarding this has already been circulated by the Food Ministry, sources ...
Tags: Chemicals
Confederation of Indian Textile Industry has requested government to restore export benefits under Focus Market Scheme and Incremental Export Incentivisation Scheme on cotton yarn. Reacting to the Notification No.43 (RE-2013)/2009-2014 ...
Tags: Textile Industry
The Ministry of Textiles, Government of India, is planning to come out with a Cotton Distribution Policy to bring stability in the prices of cotton. Under the plan, the Ministry proposes to levy a 10 percent duty on shipments of cotton ...
India's steel ministry has stated that reducing the country's iron ore export tax from the current 30 percent might negatively affect the raw material security of the domestic steel industry and, contrary to the government's view, would ...
Tags: Steel Ministry, Iron Ore Export
Belarus will raise export duties on oil and oil products on 1 July 2013. The relevant decision is laid down by Council of Ministers resolution No. 541 of 26 June 2013, the press service of the Belarusian government told BelTA. As of 1 ...
Tags: Oil Export, Duties
The European Commission (EC) has announced that it has decided to impose a provisional antidumping (AD) and countervailing duty (CVD) on stainless steel wire imports from India. The provisional antidumping duties for Indian ...