China ended an export-tax rebate on steel alloys that contain boron as of January 1, according to a ministry of finance statement. The nation's foreign steel sales would fall by 20 to 30 per cent in the first quarter from the previous three months because of t...
China will keep import tariffs for fuel oil and diesel unchanged at 1 per cent for 2015, and that for jet fuel andnaphtha at zero, the Ministry of Finance said on Dec 16th 2014.
China will slash export tariffs for coal from Jan. 1,2015 and adjust those for a range of other commodities as part of broader efforts to re-order trade and foster economic growth.
Australian coking coal producers have regained their competitive advantage after a Free Trade Agreement inked between China and Australia in Brisbane on the afternoon of Nov 17th saw the immediate removal of the 3% duty on coking coal imports.
China will officially drop the 8% duty on Australian alumina imports, which has not been applied in recent years in any case, under the landmark Free Trade Agreement between the two countries announced Monday.
Tariffs of 3 per cent on anthracite and coking coal(HS code 27011100), 5 per cent on briquettes (HS code 27011900 and 27012000) and 6 per cent on other coals (HS code 27011210 and 27011290) were announced by the finance ministry on Oct 8th
China will start levying tariffs on some imported steel products, which are re-exported after processing, from July 31 as part of efforts to tackle overcapacity in the country's bloated steel industry, the finance ministry said on Jul 11th.