Tuesday, 23 July 2019 by Commodity Inside
China challenged the US duties on its various products, including solar panels, solar inverters and wind towers which were imposed between 2007 and 2012. After a lengthy legal battle, the WTO’s appellate body ruled against the US. The decision was made on the basis that some of the US tariffs did not comply with its rules.
There have been various developments in the global cement industry recently. We tracked several mergers and acquisitions (M&As) across the world. Some of them are stated below. In Somaliland, Raysut Cement and MSG Group formed a partnership in July 2019 for making a new cement grinding plant in Berbera, Somaliland. The project would see an
Long steel- an Introduction The term long steel refers to the products made from billets and blooms, which are mainly used in the construction sector. Usually, they are made through EAF furnaces. Long steel products include rebar, wire rod, merchant bars, rails and sections. Rebar is also known as debar, ribbed steel and concrete reinforcing
Friday, 14 June 2019 by Commodity Inside
Novolipetsk Steel (NLMK) is one of the major steel companies which have been most severely impacted by Mr Trump protectionists’ measures. Prior to the imposition of Section 232, NLMK was supplying around 2 million tonnes/year of slabs to its US subsidiary from Russia. Initially, the imposition of 25% duty was affordable for NLMK, owing to
Wednesday, 05 June 2019 by Commodity Inside
Electric Vehicles (EV) are set to play a pivotal role in tackling the energy and environmental issues in the transport sector. Automakers are being pushed to develop energy efficient and reliable alternatives in the form of electric vehicles and fuel cell vehicles. So far, electric vehicle sales are growing faster, though from a low base.
Thursday, 30 May 2019 by Commodity Inside
Vale, the world largest iron ore producer, and China Communications Construction Co. (CCCC), a state-owned engineering and construction company to partner for building a 300,000 tonnes/year flat steel mill in the northern Brazilian state of Para. The memorandum of understanding (MoU) has now been signed between Concremat, Vale and the state government of Pará. Vale
Air conditioner market: Overview, technology, suppliers, regional analysis Air Conditioner Market- an Overview Due to the rising environmental concerns, governments around the world are implementing strict manufacturing standards for consumer appliances and particularly for air conditioning systems. In recent years, demand for air conditioners grew due to various factors, prominently due to changes in weather
Egypt Steel Market (tariffs, production, prices and demand) Egypt Imposed Tariffs Egypt imposed tariffs on rebar and billet in mid-April which was under consideration for a few months. The import tariffs are now set between 3% and 15% for billets and 25% for rebar. Started from 15th April, tariffs would be effective for the next
Monday, 29 April 2019 by Commodity Inside
Solar panel installations have shown remarkable growth recently due to its potential of becoming a more cost-effective option compared to the conventional power sources. Solar power provides a better alternative to reduce fossil fuel consumption and consequently save on energy costs. The rising fossil fuel prices, abundant solar resource, lack of power infrastructure in remote
Steel Rail Overview India’s Jindal Steel and Power Ltd (JSPL) completed its first ever domestic order of 100k tonnes of rail steel for Indian railways this year. JSPL is the only private rail steel producer in India. Previously, SAIL was the sole supplier to Indian railways and produced around 0.98 million tonnes of rail steel