Tag: China tax rebate
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China may cut HRC export rebate as govt looks to rein in rising steel prices
Recently, the news of repealing or scaling down export tax rebate on Chinese hot rolled coil (HRC) has been doing the rounds. SteelMint focuses on certain facts and trends in China’s HRC exports/imports in recent years to gauge the potential impact of any move related to slashing the export rebate on HRC. During 2020, Chinese…