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Indian steel manufacturers think that the Indian government will trim its support for their exports following the release of an adverse World Trade Organisation verdict in a subsidy dispute brought by the United States.

“The [Indian] ministry of commerce was already looking at revamping trade and tax policies, which includes scrapping certain export incentive schemes that have been now been termed as subsidies” by the United States, Arnab Kumar Hazra, assistant secretary general of Indian Steel Association told Metal Bulletin, “It might expedite the process after [the new] WTO announcement.”…

THE EUROPEAN Commission will early next year (2020) consider whether to add cadmium to the European Union (EU) critical raw material list, with the aim of encouraging production and recycling of this mineral that widely used in batteries, potentially helping the EU economy away from fossil fuels.…

Clothing and textile executives attending a New York conference have been told they need to take special care on assessing their supply chains, to ensure they are not tainted with human rights abuses, because not only may the reputational risks be severe – criminal liability may follow.…

THE HEAD of the Kenyan export processing zone that will be hosting a new factory run by Sri Lankan apparel and textile manufacturer MAS Holdings, has told just-style that the new plant will involve the creation of between 3,000 and 3,500 jobs directly, when it starts operations by January 20.…

While cautious optimism on the future of global trade may be currently evident in US financial markets, notably because the United States and China are apparently nearing agreement on a new interim trade deal, representatives of the textile and apparel sectors gathered in New York for the 31st annual Apparel Importers Trade & Transportation Conference on November 7 were still expressing significant caution about future prospects.…

In every industry, including the clothing and textile sector, sustainability often means huge amount of long-term investment – be it new sewage processing systems or recycling technology. But how to get rewards from these investments? At the Integral Conversation conference held by Hong Kong-based shirt manufacturer, Esquel, in Guilin, Guangxi Zhuang autonomous region, on November 8, companies in the fashion industry were exploring solutions.…

African manufacturers are trying to integrate sustainability in their textile and fashion supply chains as retailers demand compliance with increasingly high standards fuelled by consumer pressure. But to do so, manufacturers are asking for assistance from international organisations to implement change.…

Haldiram’s, Indian snacks, confectionery and food service major, is to use Amazon’s e-retail platform to market its products online in the United States.

“This will facilitate and enhance the experience of our customers in United States,” Gaurav Mahajan, head of marketing for Haldiram Snacks Pvt Ltd in New Delhi, told just-food, “it is a huge market and we expect to increase our sales by four to five percent” there.…

With an improving law and order situation, business-friendly policies from its elected government, and incoming Chinese investment under the Beijing-backed CPEC (China-Pakistan Economic Corridor) programme, Pakistan is becoming an increasingly attractive location for foreign direct investment, especially in the textile and clothing sector, an international conference has been told.…

Money laundering and due diligence failings led the European Central Bank (ECB) to revoke the licence of one of Austria’s oldest financial institutions with immediate effect last week (on November 15). The Austrian Financial Market Authority (FMA – Finanzmarktaufsicht Österreich), which had recommended the move to the ECB, announced that the European Union (EU) institution had revoked the licence of Anglo Austrian AAB Bank AG, which was known as Bank Meinl until June. …