China cancels export subsidies for almost all steel products

China cancels export subsidies for almost all steel products

 

According to news from the Ministry of Political Affairs website on April 28, the Ministry of Finance and the State Administration of Taxation issued the "Announcement on the Cancellation of Export Subsidies for Certain Steel Products" stating that from May 1, 2021, export subsidies for certain steel products will be cancelled. The specific execution time shall be defined by the export date indicated on the export goods declaration form.

 

The following is a list of steel products for which export subsidies have been cancelled: