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EU initiates review of anti-dumping duty on Belarus
The European Commission has initiated an expiry review of EU anti-dumping duties on rebar from Belarus, following a request from Eurofer. The product concerned falls under HS codes 7214 10 00 10, 7214 20 00 20, 7214 30 00 10, 7214 91 10 10, 7214 91 90 10, 7214 99 10...
Steel: Russia will subsidise exports following sanctions
According to Russian Deputy Minister of Industry and Trade Viktor Evtukhov, the Russian authorities will subsidise steel exports. "We are reviewing the decision to subsidise the export of metallurgical products. Last year it made no sense: products were exported,...
Palm oil: price drops by almost 7% due to Indonesian exports and weak soya oil prices
Malaysian palm oil futures fell nearly 7 percent on Monday for the fourth consecutive session, hitting the lowest since 17 January, due to a recovery in Indonesian exports and lower soybean oil prices. Indonesia's resumption of palm oil exports and expectations of a...
Magnesium: Europe seeks to increase domestic production
The European Commission is seeking to strengthen the EU's industrial value chains and will prepare a legislative proposal to increase domestic production of magnesium and other critical raw materials, as outlined in the REPowerEU action plan. Value chains will be...