China operates 21 free trade zones in a pilot phase, said Wang Wentao, China’s trade minister, on Monday. “We are building new platforms such as free trade zones in a pilot phase; there are currently 21 in the country, ”he told a press conference in Beijing. The official
The United States International Trade Commission (USITC) determined to maintain anti-dumping duties on imports of magnesite refractories from China and Mexico. It also withheld countervailing duties for those same imports from China. On the basis of the record developed in the five-year reviews at issue, the USITC concluded
FedEx Corporation added 14 new Asia-Pacific origin markets for FedEx International First service to the United States and Canada in 2020. These developments allow it to continue to better serve its global customers doing business in the Asia-Pacific markets. To facilitate the use of its growing international network,
Cemex reported that it will continue to invest in its Urban Solutions business, which grew almost 15% in 2020. The company is one of the largest cement companies in the world, according to annual installed cement production capacity. As of December 31, 2020, Cemex had 91.5 million tons
Gerdau announces the merger of its subsidiaries Sidertúl and Aceros Corsa, which must be approved by the Federal Economic Competition Commission (Cofece) of Mexico. Through a statement, Gerdau S.A. and Metalúrgica Gerdau S.A. (collectively, the “Companies”) inform their shareholders and the market in general that on August 18,
The European Union, the United States and Russia were among the top exporters of mining products in 2020, the World Trade Organization (WTO) reported. They were followed by: the United Arab Emirates, Saudi Arabia, Australia, Canada, China, Brazil and the United Kingdom. During 2020, precious metal prices continued