Tag: China ferrous scrap exports
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Chinese Govt Cracks Down Illegal Exports of Ferrous Scrap
General Administration of Customs the department under Chinese Government responsible for smooth functioning of international trades, has recently arrested total 245 suspects in special action towards cracking down smuggling of ferrous scrap which was being exported to South East Asian countries illegally without paying 40% export duty. The preliminary investigation showed around 2.4 MnT of…