China set to abolish export tax rebates Jan. 1

Dec 28, 2004 | 07:43 AM | Russ McCulloch

China has quietly ended weeks of rumor and speculation and finally posted a long-awaited announcement on the abolition of aluminum and ferroalloy export tax rebates.

According to the announcement, export tax rebates on aluminum and ferroalloys--including ferrochrome, ferrocolumbium, ferromanganese, ferromolybdenum, ferronickel, ferrosilicon, ferrovanadium, silicochrome, silicomanganese, silicotitanium and silicotungsten--will all be abolished beginning Jan. 1, 2005. Exports declared before this date will be....

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