11
Apr
08:29
China starts charging steel environmental tax
China has officially started charging its new environmental tax since April 2018, according to Xinhua. The new tax system will differentiate costs for steelmakers based on company type, environmental protection technologies and location, Kallanish notes.
The environmental tax is mainly set locally by provinces and covers air and water emissions. The tax rate ranges between CNY 1.2 to CNY 12 ($0.19-1.91) per unit of air pollutant and CNY 1.4-14 per unit…
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Anonymous
Very good overview of the weekly steel market.
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