December 03, 2008
Chronology of Chinese trade barriers for steel export
It is reported that Mr Lou Dingbo assistant to GM of Baosteel Iron & Steel Co in the sixth steel market seminar last week gave a specialized analysis on the current international trade environment facing China's steel.
He said that China's current policy is not supportive to fast growing steel export and informed that following measures have been taken by the Chinese government since 2006 to curb steel exports
| Sl | Date | Action |
| 1 | 1-Nov-06 | 30 steel products, inc ferroalloy, pig iron, billet/slab etc imposed of 10% export tax |
| 2 | 15-Dec-06 | Export rebate cut from 11% to 8% for products of 142 tax numbers |
| 3 | 15-Apr-07 | Export rebate for products of 76 tax numbers chopped to 5%, while for another 83 numbers were canceled |
| 4 | 20-May-07 | Export license system was taken to restrict export of HRC, etc |
| 5 | 1-Jun-07 | Export tax was levied on products of 83 tax numbers |
| 6 | 1-Jul-07 | Export rebate for some seamless steel pipes was cut from 13% to 5%, that for some welded pipes canceled |
| 7 | 1-Jan-08 | Export tax on certain steel products raised: billet/slab from 15% to 25%; wire rod, from 10% to 15%; common welded pipe, from 0 to 15% |
