China to cancel some steel export tax rebates from May 1
China will reduce the export rebate rates for some steel products from May 1, the Ministry of Finance said on Wednesday April 28.
Steel products with HS codes 7205-7307 will be affected, which includes hot-rolled coil, rebar, wire rod, hot rolled and cold-rolled sheet, plate, H beams and stainless steel, the ministry said.
China will reduce the export rebate rates for some steel products from May 1, the Ministry of Finance said on Wednesday April 28.
Steel products with HS codes 7205-7307 will be affected, which includes hot-rolled coil, rebar, wire rod, hot rolled and cold-rolled sheet, plate, H beams and stainless steel, the ministry said.