China prepares to cut coke export tax on WTO ruling
Aug 17, 2012 | 10:54 AM
| None
Tags
coke,
export tax,
World Trade Organization,
WTO
SHANGHAI, China — China may cut its export tax on coke by the end of the year to fall in line with World Trade Organization (WTO) rulings against the country’s alleged restrictions on raw material exports.
"Rumor has it that the Chinese government is deciding whether to cut export taxes on coke or to scrap the tax, because the time given to implement the WTO rulings expires Dec. 31," a source at a coal trading company said.
The WTO earlier this year backed claims brought by the United States, the European Union and Mexico that Chinese export tariffs and quotas on a range of raw materials broke WTO rules and distorted global markets. The WTO case was strongly supported by U.S. and E.U. steelmakers.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here