Commodity News

The Australian customs authorities launched an investigation into the case in June and are due to report to the minister of home affairs with recommendations on or before April 15, 2010 on whether to publish a dumping duty notice.

he US commerce department on Thursday slapped preliminary anti-dumping duties on Chinese-made steel pipes used in the oil and gas industry. It was the biggest US trade action against China to date.

Kimberley Process probe team had recommended that Zimbabwe be suspended, meaning many consumers would have shunned the country’s diamonds. In a communique issued in Namibia, KP said its investigators found evidence of Zimbabwe’s significant noncompliance. Zimbabwe agreed to take steps, including pulling soldiers out and allowing monitors in to become compliant, and the country would be given time to do so under Kimberley Process monitoring.