Reductions in Chinese ferroalloys export tariffs being mulled for 2013
Dec 13, 2012 | 11:27 AM
| None
Tags
ferroalloys,
Chinese tariffs,
export tariffs,
Feng Jinping,
department of customs,
ministry of finance,
China Ferr-alloys Association,
ferrocilicon
molybdenum
SHANGHAI — Speculation is mounting that China will cut export taxes on ferroalloys in 2013, not only to support local producers but also in response to a ruling that the tariffs broke World Trade Organization (WTO) rules.
"In order to advance the growth of economy and the industry, the tariffs (on some products) may be adjusted moderately," Feng Jinping, deputy director of China’s department of customs at the Ministry of Finance, said at a recent ferroalloys industry conference.
China revises customs duties on some products on Jan. 1 each year, but Feng didn’t confirm details of the possible tax adjustment, which he said would be announced "soon."....
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