Data – Anti-dumping duties on steel products imported into India

A definitive anti-dumping duty in the range of 4.58% to 57.39%, of the landed value of goods has been imposed on imports of cold rolled flat products of stainless steel to give relief to domestic steel industries from China, South Korea, the European Union, South Africa, Taiwan, Thailand and the United States of America, in 2015, according to the steel ministry’s response to a […]

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China calls for U.S. restraint on trade protectionism over steel, aluminium tariffs

The United States should remain restrained on trade protection and follow multilateral trade rules, China’s foreign ministry said after Washington announced it would impose tariffs on imports of steel and aluminium. President Donald Trump said last week the United States would introduce a 25 percent tariff on steel imports and 10 percent for aluminium on […]

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China becomes world’s second-largest LNG importer; EIA says consumption seen only increasing

China’s natural gas consumption is expected to continue to increase — driven by economics and environmental policies – after the country became the world’s second largest LNG importer, the U.S. Energy Information Agency (EIA) said in a note. Imports and increasing domestic production will be used to meet growing demand, the note said, adding that […]

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After South Korea, it is turn for Indonesia to bring in cheap imports of gold into India

Less than a month after Government of India banned import of gold under a free trade agreement with South Korea, traders have discovered a loophole to import gold from Indonesia. Almost 150 kg of gold from Indonesia has already landed in India. Jewellers were importing gold jewellery from South Korea under the Indo-Korea Comprehensive Economic […]

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India’s gold imports rose sharply in August on duty free purchases from South Korea – reoprt

India’s gold imports in August nearly tripled from a year ago, despite sluggish domestic demand as a recent tax change that allowed importers to ship in the metal from South Korea, Reuters reported. It said provisional data from GFMS showed that some traders made heavy purchases from South Korea without paying customs duty. India’s August […]

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