Some nonferrous metals bracing for Jan. 1 boost in export taxes

Nov 20, 2007 | 10:41 AM |

The Chinese government plans to raise export taxes on some nonferrous metals, including aluminum fabricated products, lead and zinc, effective Jan. 1, according to growing market rumors.

"The policy will probably . . . take effect from Jan. 1. It will involve an adjustment for most metals, nonferrous and ferrous," a Shanghai-based metals trader said.....

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