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Tag: china ferrous scrap imports

  • China Imposes 25% Import Tariffs on US Scrap

    China Imposes 25% Import Tariffs on US Scrap

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    by

    Kedar
    in

    Escalating the trade war with US, China’s Ministry of Commerce has recently announced imposition of a 25% tariff on US scrap. According to updates on this, this would take effect from August 23, affecting various grades of iron and steel scrap under the HS tax codes 72041000, 72042100, 72042900, 72043000, 72044100, 72044900 and 72045000. Apart…