'Chinas slowdown may spell disaster for steel industry'
The Dollar Business Bureau Indian steel industry which is already hit by cheap imports is expected to face more challenges due to market turbulence triggered by the dramatic slowdown of Chinese economy, an industry body has said. “Troubles within China are expected to spell disaster for the Indian steel industry, as desperate Chinese manufacturers would dump their products more rigorously abroad, having already registered a growth of 232 % in their shipments to Indian ports,” said the Associated Chamber of Commerce & Industry (ASSOCHAM), citing its own study. In 2014, steel exports from China were 93 million tonnes, up by 50.5% year-on-year. At the same time, India’s steel imports increased by over 71% compared to the inbound shipment of the previous ...
Chinese garlic poses threat to Indian spice trade
The Dollar Business Bureau Chinese garlic dumped in India via Nepal and Bangladesh has been posing a threat to domestic spice growers and traders. India has already banned the import of garlic from China last year after the spice sourced from that country was found to be infested with diseases. However, reports say that fungus infested garlic is still being smuggled into the country through Nepal and Bangladesh. Union Health and Family Welfare Minister J P Nadda on Thursday met Minister of State for Commerce and Industry Nirmala Sitharaman and demanded immediate curb on such practices. China is the largest producer and exporter of garlic with average annual production of around 15 lakh tonnes. Chinese suppliers often route disease-hit yields ...
Anti-Dumping Duty investigation concerning imports of 2-Ethyl Hexanol
Dated 20th November, 2014 | Copy of | Notification | INITIATION NOTIFICATION Initiation of Anti-Dumping Duty investigation concerning imports of “2-Ethyl Hexanol” originating in or exported from EU, Indonesia, Korea RP, Malaysia, Saudi Arabia, Chinese Taipei and USA. Whereas, M/s Andhra Petrochemicals Limited, (hereinafter referred to as ‘petitioner’ or “the applicant”) has filed an application (also referred to as petition) before the Designated Authority (hereinafter also referred to as the Authority) in accordance with the Customs Tariff Act, 1975 as amended from time to time (hereinafter referred to as the Act) read with Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty on Dumped articles and for Determination of injury) Rules, 1995 as amended from time to time (hereinafter ...
