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‘Cheap carpet imports ruining market & environment – CEO, Transasia

18/04/2009

Going against the said policy of the country to save the environment, cheap synthetic carpets are being dumped in the Indian markets, which is directly affecting the livelihood of around155,000 carpet weavers across the country. The turnover of the carpet industry has grown from Rs 8 billion in 1980 to Rs 40 billion currently. To add to the woes of the industry, is the slowdown in global trade which has affected carpet sales to a great extent.

Chinese MOC cautions US on AD investigations

18/04/2009

According to Mr Yao Jian, spokesman of Ministry of Commerce, The just-concluded G-20 summit has reiterated the objection to trade protectionism and urged to curb the utilization of trade and investment barriers. As a worldwide economic giant, the US should abide by its promise and keep cautious in the file of anti-dumping and countervailing case against oil country tubular goods from China.

Yildirim to apply for ferrochrome anti-dumping case

18/04/2009

ISTANBUL (Reuters) - Turkey's Yildirim Group will apply to the European Commission to open an anti-dumping case against ferrochrome imports from India, Russia, Kazakhstan and South Africa, the company's chief executive said on Thursday.

The European Union finds it hard to agree over how to deal with China

18/04/2009

HERE is a quick way to spoil a Brussels dinner party. Simply suggest that world governance is slipping away from the G20, G7, G8 or other bodies in which Europeans may hog up to half the seats. Then propose, with gloomy relish, that the future belongs to the G2: newly fashionable jargon for a putative body formed by China and America.

Major Brazilian Steelmakers Call For Import Tariffs - Report

18/04/2009

RIO DE JANEIRO -(Dow Jones)- Brazilian major steelmakers Gerdau (GGB) and CSN (SID) have called for tariffs against cheap steel imports, the O Valor newspaper reported Thursday.

Chinese candy enters India amid ban

18/04/2009

The maker of China’s White Rabbit milk candy today said it has re-entered the export markets after six months of suspension of sales, but India insisted the ban on Chinese dairy products, including its iconic confectionery sweet, has still not been lifted.

AD lawsuits against Vietnamese firms increase

17/04/2009

Thanhnien News reported that the number of antidumping lawsuits against Vietnamese producers has increased to an alarming level as many countries try to shield their own industries amid the economic crisis.

Pipe from India angers US steel workers: NYT

17/04/2009

Washington, April 16 (IANS) Angry over import of Indian pipes for a Canada-US oil pipeline, the steel workers union is trying to galvanise a national outrage over steel imports and raising suggestions of protectionism.