Removal of Chinese export tax rebates seen to uplift steel import prices to Europe, Mideast

Capt. John

Steel import prices in the Europe, Middle East and Africa region could see an uplift following removal of value added tax rebates on Chinese exports of cold-rolled and coated steel from Aug. 1, market participants told S&P Global Platts July 29. As Chinese export volumes are expected to be limited due to the rebate cancellation, …

The post Removal of Chinese export tax rebates seen to uplift steel import prices to Europe, Mideast first appeared on Hellenic Shipping News Worldwide.

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https://www.hellenicshippingnews.com/removal-of-chinese-export-tax-rebates-seen-to-uplift-steel-import-prices-to-europe-mideast/

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