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CHINESE STEEL REROUTING
Stainless steel companies seek govt action on China dumping & raw materialsIndia's stainless steel sector is preparing for significant growth. Producers are expanding capacity to meet rising domestic demand. The in...
Deadly crane collapse in Thailand: Dozens killed, India condoles loss of lives05 a.m. local time in Ban Thanon Khot, Sikhio district, often locally referred to as Korat, when a large launching gantry crane used in bui...
What trade war? China's export juggernaut marches onAs the US scales back its imports from China due to tariffs, other countries are stepping in to fill the gap. Meanwhile, China's exports ha...
Anti-dumping duty imposed on Vietnam steel for five yearsIndia has taken a bold stance against unfair trade practices by imposing an anti-dumping duty on steel imports from Vietnam, specifically t...
Magnet scheme to offer ₹7,300 cr incentivesA ₹7,300 crore government scheme has been approved to boost domestic production of rare earth magnets, crucial for electric vehicles and wi...
Beijing wary as US plots quiet trade war to isolate China; India in negotiation roomUS-China trade deal: China is increasingly worried about U.S. efforts to forge trade deals with Asian and European partners that could isol...
Jindal Stainless aims 30% growth in exports this yearJindal Stainless is targeting a 30% increase in exports this year, aiming for 22,000-25,000 tonnes monthly, driven by uniform tariffs in th...
Trump's tariff blitz yields deals but misses global trade fixDonald Trump's tariff strategies have led to initial trade agreements, including a temporary truce with China and a limited pact with Brita...
JSL serious on Rs 40,000-cr investment in Maharashtra; looking for land parcel: MD Abhyuday JindalJindal Stainless is actively pursuing its Rs 40,000-crore stainless steel manufacturing facility in Maharashtra, engaging in land acquisiti...
Trade war set to slash China's steel exports, aggravating oversupply at homeCHINA-STEELEXPORTS/ (PIX)Trade war set to slash China's steel exports, aggravating oversupply at home
Japan reports $63 billion trade surplus with US as it talks with Trump on tariffsJapan's fiscal year saw a trade deficit of 5.2 trillion yen, despite a significant surplus of 9 trillion yen with the US. This surplus is a...
How companies are responding to Trump's tariffsCorporate America is actively responding to President Trump's new tariffs on Chinese imports by planning to adjust pricing, shift sourcing,...
One global market is barreling toward a war with Trump’s latest tariff offensiveTrump is imposing a 25% import tariff on steel to revive US steel towns. The global steel market faces potential oversupply and increased p...
India could extend import curbs on steelmaking raw material, sources sayIndia considers extending restrictions on low-ash metallurgical coke imports to promote local sourcing by steel mills. Government officials...
Biden's new China tariff wall faces leakage via Mexico, VietnamU.S. officials and trade experts say that without strong efforts to cut off transshipped or lightly processed Chinese goods from Mexico and...
Five key charts to watch in global commodity markets this weekIn Europe, diesel is still flowing this month even after the start of sanctions on purchases from its former top supplier, mostly due to sh...
US slaps import duties of more than 400% on Vietnam steelVietnam's Ministry of Foreign Affairs didn't immediately respond to a request for comment.
In India, Chinese steel is being routed through Vietnam: Seshagiri Rao, JSW Steel“There is no effective surveillance to ensure that only high quality steel, compliant with BIS, come into India.”
Current steel prices are higher than duties: Rakesh Arora"At the moment steel prices are higher than where these duties are imposed at, so a $20-25 reduction can happen despite the duties," Rakesh...
- Chinese suppliers looking to subvert US trade laws: Senator
Chinese suppliers are ready to cheat to evade the anti-dumping duties on products like steel pipes in the US and are not afraid of getting ...