SHORTAGE OF STEEL RODS IN INDIA AFFECTS CONSTRUCTION INDUSTRY

HIGHLIGHTS

• In India, input costs of construction steel are increasing.
• Unable to keep up with higher input costs, construction steel producers have limited production and thus limited sales.
• Scarcity of steel rods is slowing down constructi...

CHINA-AUSTRALIA TRADE WAR CONTINUES AS BEIJING AMENDS IRON ORE IMPORT RULES

China has imposed new customs inspection procedures on iron ore imports amid their trade war with Australia and this has again escalated trade tensions between the two countries. 
Previously China had imposed tariff of 80 percent on barley and had suspended some shipments carrying bee...