Hike in China's steel export tax seen unlikely

Jul 23, 2008 | 08:56 AM |

Contrary to recent European market speculation, most Chinese steel exporters say it is unlikely that China’s government will raise steel export taxes soon.

"I haven't heard of such a rumor recently and I doubt Beijing will choose such a time to make the adjustments when it seems happy with the gradual slowdown in steel exports," a Beijing-based steel analyst said.....





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