Tungsten export tax said in line to jump to 15% beginning Jan. 1

Nov 21, 2007 | 06:58 AM | Hongmei Li

The Chinese government might raise export taxes on ammonium paratungstate (APT) and ferrotungsten to as high as 15 percent starting Jan. 1.

"The increase for APT could be between 5 and 10 percentage points on top of the present 5 percent, and 5 percentage points for ferrotungsten, which already comes with a 10-percent tax," a major tungsten trader....





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