WASHINGTON— The U.S. government has imposed duties on imports of steel pipe from South Korea, India and seven other countries, ruling in favor of U.S. steel producers and unions that had complained those countries were unfairly flooding the American market.» Read More
BRUSSELS/ MOSCOW, July 11- The European Union sought to reassure Russia on Friday that a free-trade pact with Ukraine was not aimed at hurting Moscow but rejected calls to postpone its implementation, offering more talks instead.
HAVANA, July 11- A Russian plan to tweak taxes for oil extraction by increasing the mineral extraction tax and cutting export duties should be agreed by the end of July, Russia's energy minister said on Friday. The government is in talks with the companies concerned, Energy Minister Alexander Novak said.
MOSCOW, July 11- Russia urged the European Union on Friday to refrain from implementing a free-trade pact with Ukraine until Moscow's concerns over the agreement are addressed.
SEOUL, July 11- South Korea has no choice but to scrap caps on rice imports from the start of 2015, instead managing shipments into the country using a system of tariffs, a senior government official said on Friday.
Wilfred Verstraete, CEO & Board Chairman of Euler Hermes, discusses its Asian business and how China's metal financing investigation raised the need for trade credit insurance.
WASHINGTON, July 10- U.S. steel producers on Thursday accused Russia of flooding the market with cheap flat-rolled steel, challenging a 15- year trade deal and potentially reigniting a decades-old dispute over imports amid heightened tensions between Washington and Moscow.
WASHINGTON, July 10- U.S. steel producers on Thursday called for the Department of Commerce to scrap a trade deal with Russia that excuses hot-rolled steel shipments from import duties.
WASHINGTON, July 10- U.S. steel producers on Thursday called for the Department of Commerce to scrap a trade deal with Russia which excuses hot-rolled steel shipments from import duties. In a submission to the department, Nucor, U.S.
*China copper imports fall 7.9 pct on month in June. LONDON, July 10- Nickel prices slid on Thursday as inventories rose, giving investors a reminder of an overhang of material despite an Indonesian export ban. Copper rebounded after upbeat U.S. jobs data raised the prospect of higher demand for industrial metals.
MOSCOW, July 10- Ukraine protested over recent grain exports from Crimea on Thursday, questioning their legal basis following Russia's annexation of the region and fuelling tensions between the two countries. Russia and Ukraine are the region's main global grain exporters and rivals to supply customers in North Africa and the Middle East.
*China copper imports fall 7.9 pct on month in June. LONDON, July 10- Nickel prices slid on Thursday as inventories rose, reminding investors of an overhang of material despite an Indonesian export ban, while copper dipped on weak Chinese import figures. Benchmark nickel on the London Metal Exchange shed 1.9 percent to $19,150 a tonne by 1421 GMT.
*China copper imports fall 7.9 pct on month in June. *Codelco to cancel some shipments to China in H2- sources. In top copper consumer China, data showed its trade performance improved in June but still missed market forecasts, reinforcing expectations that Beijing will have to unveil more stimulus measures to stabilize the economy.
*Trade surplus $31.6 bln vs $35 bln forecast. BEIJING, July 10- China's trade performance improved in June but still missed market forecasts, reinforcing expectations that Beijing will have to unveil more stimulus measures to stabilise the economy and meet its 2014 growth target.
SHANGHAI, July 10- China's yuan edged higher against the dollar on Thursday as slightly weaker-than-expected trade data partially offset the stronger midpoint set by the central bank, traders said.
HONG KONG, July 10- China's copper imports fell 7.9 percent month-on-month in June, dropping as Chinese banks reduced lending for metals imports following a probe into an alleged metals fraud at Qingdao port.
BEIJING, July 10- China's exports grew less than expected in June, offering no conclusive evidence yet on whether the economy can stabilise without additional government stimulus measures. That left China with a trade surplus of $31.6 billion, compared with May's surplus of $35.9 billion.
China released improved trade data that missed expectations on Thursday, figures that suggest external demand remains weak and domestic recovery fragile, analysts say.
BEIJING, July 10- China's exports rose 7.2 percent in June from a year earlier, while imports rose 5.5 percent, leaving the country with a trade surplus of $31.6 billion for the month, the Customs Administration said on Thursday.
Vasu Menon, President, Wealth Management Singapore at OCBC Bank, expects trada data for June to rise on the back of a global economic recovery.
TOKYO, July 10- U.S. crude oil fell below $102 on Thursday, to trade at its lowest level in more than a month, on wavering demand for gasoline and projections for rising supplies from OPEC member Libya. *U.S. crude futures for August delivery fell 32 cents to $101.97 a barrel by 0002 GMT, after earlier trading as low as $101.72- the lowest level since June 5.