China to continue export tax on steel
China is reported to adjust its import and export taxes from January 1st 2010. . As reported, the average tariff rate will stay at 9.8% after the adjustment.
The detailed export taxes are as follows:-
Billet, 25%; HRC, -9%; HR plate, -9%; Rebar, 15%; Wire rod, 15%; HDG, -13%;CRC, -13%
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