04
Nov
09:48
China to halve tariffs on Mongolian coking coal
Mongolia has become a member of the Asia-Pacific Trade Agreement, which means that China and Mongolia will enjoy lower tariffs on goods imported from each other. For coking coal, China says it will halve the product's import tariff of 3% to 1.5% from the start of 2021, Kallanish notes.
The news is a welcome positive amid the recent turbulent coking coal market. China's steel prices have also risen, in part due to the support of raw materials prices. As Chi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous