9,317.24 TRY BIST 100 BIST 100
5.24 CNY CNY CNY
43.29 EUR EUR EUR
38.18 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
46.35 TRY Interest Interest
67.02 USD Fossil Oil Fossil Oil
40.44 USD Silver Silver
4.76 USD Copper Copper
98.08 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,152.75 TRY Gold (gr) Gold (gr)

China announced new tax codes for sheet metal products!

China's government; changed the tax codes of coated sheet, hot rolled sheet and cold rolled sheet.

China announced new tax codes for sheet metal products!

The Tax Commission of China's State Council announced that it has made some changes in the tax codes of high value-added steel products. Added categories:

Hot rolled sheet = 7209.5120 and 7208.5190

Cold rolled sheet = 7209.1690 and 7209.1790

Coated sheet = 7210.4900

The export tonnage of these new categories in January-November 2023 amounted to 14 million mt and constituted 17% of total steel exports.

China abolished the tax refund on exports for all steel products in 2021. In the current situation, it is said that the tax refund applied to the export of high value-added steel products may come back.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

EDO and Jiangsu Changbao Steel Tube join forces for domestic pipe production in Oman

Monday, April 21, 2025

Solb Steel adds to its strategic partnerships

Monday, April 21, 2025

Nigeria and South Africa forge partnership in mining sector

Monday, April 21, 2025

AGPC reinforced its strength with 500 thousand tons of steel pipe production

Monday, April 21, 2025

Çolakoğlu Metalurji takes its place at Made in Steel 2025

Monday, April 21, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now