AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.36 Increased By ▲ 0.32 (0.25%)
BOP 6.62 Decreased By ▼ -0.05 (-0.75%)
CNERGY 4.57 Increased By ▲ 0.06 (1.33%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.72 Increased By ▲ 0.28 (0.68%)
DGKC 87.32 Increased By ▲ 0.47 (0.54%)
FCCL 32.54 Increased By ▲ 0.26 (0.81%)
FFBL 64.94 Increased By ▲ 0.14 (0.22%)
FFL 10.29 Increased By ▲ 0.04 (0.39%)
HUBC 109.25 Decreased By ▼ -0.32 (-0.29%)
HUMNL 14.77 Increased By ▲ 0.09 (0.61%)
KEL 5.09 Increased By ▲ 0.04 (0.79%)
KOSM 7.55 Increased By ▲ 0.09 (1.21%)
MLCF 41.40 Increased By ▲ 0.02 (0.05%)
NBP 59.62 Decreased By ▼ -0.79 (-1.31%)
OGDC 192.50 Increased By ▲ 2.40 (1.26%)
PAEL 28.15 Increased By ▲ 0.32 (1.15%)
PIBTL 7.79 Decreased By ▼ -0.04 (-0.51%)
PPL 151.25 Increased By ▲ 1.19 (0.79%)
PRL 27.10 Increased By ▲ 0.22 (0.82%)
PTC 16.10 Increased By ▲ 0.03 (0.19%)
SEARL 86.02 Increased By ▲ 0.02 (0.02%)
TELE 7.79 Increased By ▲ 0.08 (1.04%)
TOMCL 35.50 Increased By ▲ 0.09 (0.25%)
TPLP 8.20 Increased By ▲ 0.08 (0.99%)
TREET 16.40 Decreased By ▼ -0.01 (-0.06%)
TRG 53.25 Decreased By ▼ -0.04 (-0.08%)
UNITY 26.45 Increased By ▲ 0.29 (1.11%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
BR100 9,988 Increased By 104.4 (1.06%)
BR30 31,138 Increased By 537.6 (1.76%)
KSE100 94,154 Increased By 798.7 (0.86%)
KSE30 29,167 Increased By 236.2 (0.82%)

A US trade panel gave final approval on Wednesday to anti-dumping duties of up to nearly 400 percent on hand trucks from China. The US International Trade Commission voted 6-0 that low-priced hand trucks, or dollies, from China threatened to materially injure US producers. The decision clears the way for the Commerce Department to impose duties ranging from 24.90 percent to 386.75 percent.
China exported 1.3 million hand trucks to the United States at a value of nearly $16.70 million last year, according to Commerce Department figures. That was more than double the volume and value of its shipments in 2001.
US hand truck production is mainly located in the Midwest and California. The industry employs about 370 workers.
Chinese-made hand trucks accounted for about 47 percent of the hand trucks sold in the United States in 2003.

Copyright Reuters, 2004

Comments

Comments are closed.