India has imposed safeguard duty on Aluminum Imports from China
India imposed safeguard duty of as much as 30 percent on import of aluminum products from China to protect domestic companies. For full story, click here
India imposed safeguard duty of as much as 30 percent on import of aluminum products from China to protect domestic companies. For full story, click here
PTI declared that India is contemplating 10% safeguard duty on imports of key aluminum products used in the automobile and machinery sector to protect the domestic industry against cheap shipments mainly from China, South Korea, Oman and Iran. For full story, click here
National Aluminium Co., India’s second-biggest producer, declared first-quarter profit will raise from the previous three months, aided by higher output and prices of the metal used to make aircraft and beverage cans. Niraj Shah, an analyst at Centrum Broking Pvt., stated: Demand is rising, so National Aluminium will stand to gain as it is raising [...]
India’s state-run National Aluminium Co. is concerned that aluminum output could dip as the company’s facilities run out of bauxite as the result of a 35% reduction in bauxite production following the attack on its Panchpatmali mine. For full story, click here
India imposed taxes on purchases of some aluminum products from China for six months after an industry group complained the imports were hurting local producers who are grappling with weak demand. For full story, click here
As per GK Pillai, Commerce Secretary of India, the government will impose new import tariffs on Chinese aluminum. For full story, click here
The government of India is expected to levy upto 35% import tariff protection for some aluminum products in order to protect the local aluminum industry. For more information, click here
Vedanta Resources will keep its aluminum smelter in southern India closed as prices remain weak. For more information, click here
India is announcing new import tariffs on Chinese aluminum which will go into effect within one or two weeks. For more information, click here
A top Bahrain business group has formed a joint venture with an Indian industrial house to set up a $100 million company for the manufacture of aluminium fluoride. For full story, click here
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