India launches anti-dumping probe into metal imports from Vietnam

India has initiated an anti-dumping investigation on imports of hot-rolled flat metal merchandise coming in from Vietnam. The investigation will cowl each non-alloyed and alloyed metal choices. Stainless-steel merchandise aren’t part of the probe. As per a notification from the Commerce Minister, as accessed by businessline, the probe will probably be carried out by the … Read more

India’s maize exports in FY24 drop to 4-year low at 14.42 lakh tonnes on increased home costs

India’s maize exports fell to a four-year low within the 2023-24 interval, experiencing a 58 p.c decline in quantity. This drop was resulting from increased home costs and a diminished crop, coupled with rising demand from ethanol, poultry, and starch producers. The nation’s maize exports declined to 14.42 lakh tonnes throughout 2023-24 from the earlier … Read more

Vietnam’s EV agency VinFast to interrupt floor for TN manufacturing facility this Sunday

VinFast, the Vietnam-based electrical car producer, is predicted to kickstart building work for its greenfield EV manufacturing facility at Thoothukudi in southern Tamil Nadu, greater than a month after signing an settlement with the State authorities. VinFast has proposed to take a position $500 million within the first part of the built-in EV facility, spanning … Read more

Metal commerce deficit widens to ₹2,400 cr as Chinese language imports flood markets

India noticed a surge in metal shipments from China, up practically 50 per cent on a year-on-year foundation to 1.34 million tonnes (mt), and a 500 per cent rise in choices from Vietnam to 0.5 mt – supposedly a rustic via which extra Chinese language imports had been being routed – led to a sectoral … Read more