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Tariff-related measures will reduce India’s steel exports by 40 per cent in 2023
According to CRISIL, India's steel exports are expected to fall by 40 per cent to 12 million tonnes (MT) in the current fiscal year due to the customs measures adopted by the government last month. Finished steel exports reached a record level of 18.3 million MT in...
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...