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On the bright side, respondents’ six-month outlook improved slightly.FCH Sourcing Network’s monthly Fastener Distributor Index (FDI) set a new record-low during April amid worsening impacts from the COVID-19 pandemic, hitting the lowest mark in the index’s nine-year history.The...Read more »
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The number of Indonesia’s car sales tumbled in April as the COVID-19 pandemic has been dashing economic activities, an association said on Thursday.Data of the Indonesian Automotive Industry Association showed that the car sales plunged by 60 percent to 24,276 units in April on the monthly ...Read more »
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On 15 May the International Trade Administration Commission of South Africa (Itac) initiated a safeguard investigation against increased imports of bolts with hexagon heads of iron or steel, classifiable in tariff subheading 7318.15.43, on which comment is due by 04 June. The injury analysis rel...Read more »
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On December 2, 2019 the United States International Trade Commission gave notice that it has instituted reviews pursuant to the Tariff Act of 1930 (“the Act”), as amended, to determine whether revocation of the antidumping and countervailing duty orders on carbon and certain alloy steel wire rod ...Read more »
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The U.S. and Japan have reached a partial trade agreement for certain agricultural and industrial goods, including fasteners manufactured in Japan, according to the Office of the U.S. Trade Representative. The U.S. will “reduce or eliminate” tariffs on fasteners and other industrial goods, includ...Read more »