China is planning sweeping changes to its tax regimes for ferrous raw materials from May 1, its Ministry of Finance said on April 27.
The changes are designed to guarantee the supply of steel making raw materials and continue to drive the steel industry toward high-quality growth, the ministry said. There will be no import tariffs for pig iron, crude steel, recycled steel raw materials, ferro-chrome and other products. Export tariffs, however, will increase to 25% for ferro-silicon, 20% for ferro-chrome and 15% for high-purity pig iron, the ministry said. "The tax changes are meant to reduce import costs and increase imports of steel making raw materials. It is also meant to reduce domestic crude steel production and reduce total energy consumption. This will promote the upgrading of the steel industry," the ministry said.
China is planning sweeping changes to its tax regimes for ferrous raw materials from May 1, its Ministry of Finance said on April 27.
The changes are designed to guarantee the supply of steel making raw materials and continue to drive the steel industry toward high-quality growth, the ministry said. There will be no import tariffs for pig iron, crude steel, recycled steel raw materials, ferro-chrome and other products. Export tariffs, however, will increase to 25% for ferro-silicon, 20% for ferro-chrome and 15% for high-purity pig iron, the ministry said. "The tax changes are meant to reduce import costs and increase imports of steel making raw materials. It is also meant to reduce domestic crude steel production and reduce total energy consumption. This will promote the upgrading of the steel industry," the ministry said.
China will reduce the export rebate rates for some steel products from May 1, the Ministry of Finance said on Wednesday April 28.
Steel products with HS codes 7205-7307 will be affected, which includes hot-rolled coil, rebar, wire rod, hot rolled and cold-rolled sheet, plate, H beams and stainless steel, the ministry said. Market chatter about the cancellation of steel export rebate rates have been present in the market since January and February this year, with the uncertainty creating turmoil in the steel markets since. The policy covers almost all steel products, except cold-rolled coil, hot-dipped galvanized coil and aluminum-zinc coated coil. Although these products are excluded from the policy, market sources told Fastmarkets they believe the export rebate rate will be cut to 4% or 9% from the current 13%. On the same day, the ministry announced a policy on adjusting export and import taxes of ferrous raw materials, which aims to reduce import costs and increase imports of steel making raw materials.
China is planning sweeping changes to its tax regimes for ferrous raw materials from May 1, its Ministry of Finance said on April 27.
The changes are designed to guarantee the supply of steel making raw materials and continue to drive the steel industry toward high-quality growth, the ministry said. There will be no import tariffs for pig iron, crude steel, recycled steel raw materials, ferro-chrome and other products. Export tariffs, however, will increase to 25% for ferro-silicon, 20% for ferro-chrome and 15% for high-purity pig iron, the ministry said. "The tax changes are meant to reduce import costs and increase imports of steel making raw materials. It is also meant to reduce domestic crude steel production and reduce total energy consumption. This will promote the upgrading of the steel industry," the ministry said.
China will reduce the export rebate rates for some steel products from May 1, the Ministry of Finance said on Wednesday April 28.
Steel products with HS codes 7205-7307 will be affected, which includes hot-rolled coil, rebar, wire rod, hot rolled and cold-rolled sheet, plate, H beams and stainless steel, the ministry said. Market chatter about the cancellation of steel export rebate rates have been present in the market since January and February this year, with the uncertainty creating turmoil in the steel markets since. The policy covers almost all steel products, except cold-rolled coil, hot-dipped galvanized coil and aluminum-zinc coated coil. Although these products are excluded from the policy, market sources told Fastmarkets they believe the export rebate rate will be cut to 4% or 9% from the current 13%. On the same day, the ministry announced a policy on adjusting export and import taxes of ferrous raw materials, which aims to reduce import costs and increase imports of steel making raw materials.
В общем меры направлены на сокращение экспорта и увеличение импорта- дополнительный драйвер для цен
Уже за пару дней несколько инвест идей и вангование получить иксы. Естественно люди смотрят на график. Например вот эта идея последняя, вот ее автор https://ru.tradingview.com/u/dokamion/
Он в феврале зачем то призывал шортить Алросу, когда там 130-140 рисуется по фундаменту.
В общем сантимент меняется, мечел реаль но проклят походу, его чуть дергают и сразу бегут халявщики и прогнозисты. Видать реально роста не будет. Правы те кто шортят.
Что ж ты все мечешься. То импульс ждёшь, а как увидел что кто-то другой ждёт, то значит все пропало. Постом выше объясняешь что обороты маленькие и хомяков нет. Чепуха какая-то
Ну просто глянул что он еще прогнозил, там все мимо. А я трендовик в душе ))).
В оригинальной версии «золушки» сестры отрезали пальцы и что-то с пятками делали. А нам рассказывают бред. А вот есть поговорка « счастливые часов не наблюдают» , кто знает оригинал?
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