South America's flat steel import market shook by change in Chinese tax rebates

A change in China's tax rebates for several steel products brought trade to a halt in the South American coil import market, while prices continued to rise.

China’s announcement of a cut in existing tax rebates on several steel products brought an already slow import market to a stop.

The cut in rebates will affect flat...

Published

Felipe Peroni

July 30, 2021

20:48 GMT

São Paulo