India Declines Unwrought Aluminum Safeguards; Perry to Head Energy

An Indian government body has decided against imposing safeguards on imports of aluminum products citing lack of evidence over imports hurting profitability of domestic industry.

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The Directorate General of Safeguards, which is a part of India’s finance ministry, said imports had come down while production and sale of unwrought aluminum that is extracted from primary metal or scrap, had gone up.

Trump Picks Perry For Energy Secretary

President-elect Donald Trump has chosen former Texas Governor Rick Perry to head the U.S. Department of Energy, putting him in charge of an agency he proposed eliminating during his bid for the 2012 Republican presidential nomination.

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The choice of Perry adds to the list of oil-drilling advocates skeptical about climate change who Trump has picked for senior positions in his Cabinet, worrying environmentalists but cheering an industry eager for expansion.

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