“Export rebate to remain unchanged”
Speaking at the
China Iron & Steel Association (CISA) meeting held on October 21, CISA Secretary General Qi Xiangdong said that the export tax rebate rate would remain unchanged.
SteelOrbis had previously reported that
China's National Reform and Development Comittee was working out a draft on reducing the export rebate rate on some steel products from 11 percent to 8 percent.
Authorities from the National Reform and Development Committee have not confirmed Qi's words yet.