AGL 37.75 Decreased By ▼ -0.40 (-1.05%)
AIRLINK 129.26 Increased By ▲ 4.19 (3.35%)
BOP 7.43 Increased By ▲ 0.58 (8.47%)
CNERGY 4.65 Increased By ▲ 0.20 (4.49%)
DCL 8.40 Increased By ▲ 0.49 (6.19%)
DFML 38.50 Increased By ▲ 1.16 (3.11%)
DGKC 81.00 Increased By ▲ 3.23 (4.15%)
FCCL 32.70 Increased By ▲ 2.12 (6.93%)
FFBL 74.20 Increased By ▲ 5.34 (7.75%)
FFL 12.38 Increased By ▲ 0.52 (4.38%)
HUBC 109.50 Increased By ▲ 5.00 (4.78%)
HUMNL 13.98 Increased By ▲ 0.49 (3.63%)
KEL 5.05 Increased By ▲ 0.40 (8.6%)
KOSM 7.50 Increased By ▲ 0.33 (4.6%)
MLCF 38.25 Increased By ▲ 1.81 (4.97%)
NBP 72.11 Increased By ▲ 6.19 (9.39%)
OGDC 187.10 Increased By ▲ 7.57 (4.22%)
PAEL 25.32 Increased By ▲ 0.89 (3.64%)
PIBTL 7.36 Increased By ▲ 0.21 (2.94%)
PPL 150.51 Increased By ▲ 6.81 (4.74%)
PRL 25.15 Increased By ▲ 0.83 (3.41%)
PTC 17.10 Increased By ▲ 0.70 (4.27%)
SEARL 82.49 Increased By ▲ 3.92 (4.99%)
TELE 7.57 Increased By ▲ 0.35 (4.85%)
TOMCL 32.84 Increased By ▲ 0.87 (2.72%)
TPLP 8.50 Increased By ▲ 0.37 (4.55%)
TREET 16.50 Increased By ▲ 0.37 (2.29%)
TRG 56.45 Increased By ▲ 1.79 (3.27%)
UNITY 28.20 Increased By ▲ 0.70 (2.55%)
WTL 1.34 Increased By ▲ 0.05 (3.88%)
BR100 10,536 Increased By 446.8 (4.43%)
BR30 30,966 Increased By 1457.5 (4.94%)
KSE100 98,191 Increased By 3617.2 (3.82%)
KSE30 30,615 Increased By 1170.6 (3.98%)

A World Trade Organisation panel on Friday ruled in favour of the United States in a case against import duties imposed by China on a specialty steel product used in power transformers. "With respect to each of the 11 programmes at issue, the panel concluded that China had acted inconsistently" with WTO rules governing the use of countervailing duties, the panel said in its ruling.
The case involved Chinese duties on potentially hundreds of millions of dollars of "grain-oriented flat-rolled electrical steel" (GOES), a speciality steel product made by AK Steel Corp of Ohio and ATI Allegheny Ludlum of Pennsylvania.
"Today's victory is important not only for steelworkers in Pennsylvania and Ohio, but also for American farmers and workers in other sectors that export to China," US Trade Representative Ron Kirk said in a statement.

Copyright Reuters, 2012

Comments

Comments are closed.