Home NEWSBREAK: China to end 2% import duty on ferrous scrap, reinstate most-favored-nation rates in 2021 China will remove its 2% import tax rate on ferrous scrap and will revive its most-favored-nation (MFN) duty rate system from January 1, according to a notice released by its Ministry of Finance on Wednesday December 23. This will end the policy of restriction on solid waste imports that has been in place since July 1. Steel scrap listed under the HS codes 72042100... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Jessica Zong December 23, 2020 10:00 GMT Shanghai Keywords ferrous scrap China import tax Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}