China issues tariffs on ferroalloy products in 2022

  • Wednesday, December 15, 2021
  • Source:ferro-alloys.com

  • Keywords:China, tariffs, ferroalloy products, high-quality development
[Fellow]To push high-quality development of the industry, China will adjust tariffs on some ferroalloy products in 2022.

[Ferro-Alloys.com]

To push high-quality development of the industry, China issued tariffs on some ferroalloy products in 2022.
 
Starting on January 1, 2022, export tariffs on ferrosilicon, ferrochrome, silicomanganese, ferromanganese would be set at 25 percent, 40 percent, 20 percent and 20 percent, respectively, according to a circular issued by the Customs Tariff Commission of the State Council.

Chinese ferroalloys export tariff duty

No. EX HS Code Commodities Customs Export  Tariff (%) Customs  Export Tariff (%) in 2022
21   72011000 Non-alloy iron, P≤0.5% 20  
22   72012000 Non-alloy iron, P>0.5% 20  
23   72015000 Alloy  Iron 20  
24   72021100 FeMn(C>2%) 20  
25   72021900 FeMn(C≤2%) 20  
26   72022100 FeSi (Si>55%) 25  
27   72022900 FeSi (Si≤55%) 25  
28   72023000 MnSi 20  
29   72024100 FeCr(C>4%) 40  
30   72024900 FeCr (C≤4%) 40  

Chinese ferroalloys import tariff duty

No. EX HS Code Commodities Most favoured tafiff 2022 () 2022 Provisional duty ()
614   72011000 Non-alloy iron, P≤0.5% 1 0
615   72012000 Non-alloy iron, P>0.5% 1 0
616   72015000 Alloy  Iron 1 0
617   72024100 FeCr(C>4%) 2 0
618   72024900 FeCr (C≤4%) 2 0
619   72026000 Ferronickel 2 0
620   72027000 Ferromolybdenum 2 1
621   72028010 Ferrotungsten 2 1
622   72029300 Ferroniobium 2 0

Source: Ministry of Finance of People's Republic of China  Dec 15th 2021 released 

  • [Editor:kangmingfei]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!