02
Dec
00:00
China mills exploit export tax regime and confuse EU buyers, says Eurofer
Europe’s steelmakers association Eurofer is calling for greater protection against Chinese imports of boron-containing steel, and most notably imports of wire rod, rebar and bar, as well as hot-rolled coil and, especially heavy plate.
The Chinese government promotes exports of these alloyed steels by granting tax rebates of 9-13% on the general export tax of 17%. The aim of this rebate is to encourage Chinese producers to sell more value-added goods ab…
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Anonymous
Very good overview of the weekly steel market.
Anonymous