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International Casting Sourcing Fair 2010
  Author£º Viewed£º165 Release Date£º2010.6.1  
In order to curb steel production, Chinese government intends to adjust export rebate rate for the flat steel products from July 1st. It is expected that the export rebate rate for hot rolled steel products will be reduced from 9 percent to 0 percent, and the rate for cold rolled and coated steel will be reduced from 13 percent to 9 percent. But the information doesn¡¯t indicate whether this adjustment covers long steel products or not. If the new rate carries out, Chinese export costs will be raised and it will damage its competitive ability.
Editor: Zhou Hanran
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