China’s billet export tax lowered to 15%

China’s carbon steel billet export tax will drop to 15% from January 1, 2017, according to a notice released by the Ministry of Finance on Friday December 23.

The HS codes involved are 72061000, 72069000, 72071100, 72071200, 72071900 and 72072000.
The export tax in 2016 was 20%, and in 2015 it was 25%.

The export tax for alloy steel billet, including stainless steel material, will decrease...

Published

Jessica Zong

December 23, 2016

09:36 GMT

Shanghai