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24 Mar
13:30

China may cancel HRC export tax rebates

China's steel export tax rebate policy is still uncertain, but mill sources now suggest the change could be greater than expected. A mill source tells Kallanish the rebate for hot rolled coil could even be fully cancelled. According to the steel mill source, who has attended China Iron and Steel Association (CISA) internal meetings on the issue, it is still uncertain when the policy will come into force. Rumours had been that the new tax system would come…
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