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21 Dec
00:00

Chinas export rebate change set to be launched in H1 2015: MPI

China’s export tax rebates on alloy steels are expected to change but the announcement is now likely to come in first half 2015, according to the China Metallurgical Planning and Research Institute (MPI). There is still confusion about what change will finally be confirmed but reports suggest boron-added hot rolled coil may continue to benefit from VAT rebates, Kallanish notes. According to market observers, the 13% rebate on alloy boron-added HRC may …
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