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Views: 55 Author: Site Editor Publish Time: 2021-06-21 Origin: Site
From May 1, 2021, Our government will adjust the tariff and export tax rebate rate of some steel products.
In order to better guarantee the supply of steel resources and promote the high-quality development of the steel industry, with the approval of the State Council, the Tariff Commission of the State Council recently issued an announcement that starting from May 1, 2021, tariffs and export tax rebates for certain steel products will be adjusted:
●Pig iron, crude steel, recycled iron and steel raw materials, ferrochrome and other products are subject to zero import tentative tax rates;
●Appropriately increase the export tariffs of ferrosilicon, ferrochrome, high-purity pig iron and other products, and implement the export tax rate of 25%, the temporary export tax rate of 20%, and the temporary export tax rate of 15% after the adjustment;
●Cancel the export tax rebate of some steel products, which is defined by the export date indicated on the export goods declaration form.
For products of our company, the wear resistant plate, NM500, NM400, NM 450, and chromium carbide overlay plate (CCO Plate) are in the list of export tax rebate cancel list.
So that will be have impact on the price of our products. We will have to adjust the price a little.
