Base metals prices retreated from their January highs as Chinese economic woes threatened the demand from the world’s largest commodity consumer. Fears of excess supplies and the US Fed’s rate hike policies also added pressure on prices throughout the period. In the benchmark LME platform, prices of the most used industrial commodities like copper and … Read more
Post-pandemic, there has been more demand for pergolas in independent homes to accommodate intimate family gatherings | Photo Credit: Getty Images/iStockphoto With an eye on convenient assembly, long-lasting and low-maintenance products, composite high-technology processed materials offer a variety of finishes and clear advantages of weatherproof and termite-resistant solutions. Many of these products in vogue today … Read more
CLYDE: President Donald Trump on Thursday moved to reimpose 10% tariffs on some Canadian aluminum products to protect U.S. industry from a “surge” in imports, angering Ottawa and some U.S. business groups. Canada pledged retaliation as tensions heightened between the close allies just weeks after a new continental trade deal between the United States, Mexico … Read more
New Delhi: Blocking of the online system for exporters to apply for tax incentives under the export incentive scheme MEIS has created an “extremely precarious situation” for aluminium exports, the Aluminium Association of India (AAI) said on Wednesday. The move will further render exports vulnerable and uncompetitive, the industry body added. The commerce ministry has … Read more
New Delhi: Discussions between Southern African Customs Union (SACU) [South Africa, Namibia, Botswana, Lesotho, Eswatini] and India to achieve a Preferential Trade Agreement (PTA) have been revived with the two sides holding a virtual meeting last week to discuss various aspects of the PTA. The Indian side at the dialogue was led by Srikar Reddy, … Read more