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The Ministry of Finance and the State Administration of Taxation jointly issued an announcement: Cancellation of export tax rebates for some steel pro

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Author : PARIS-Terry Ding
Update time : 2021-05-10 16:09:00
According to news from the Ministry of Finance website on the 28th, in order to better guarantee the supply of steel resources and promote the high-quality development of the steel industry, with the approval of the State Council, the Tariff Commission of the State Council recently issued an announcement to adjust the tariffs of some steel products from May 1, 2021.

Among them, the zero import tariff rate for pig iron, crude steel, recycled steel raw materials, ferrochrome and other products is implemented; the export tariffs for ferrosilicon, ferrochrome, high-purity pig iron and other products are appropriately increased, and the export tax rate of 25% and 20% are respectively implemented after adjustment. % Temporary export tax rate, 15% temporary export tax rate.
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