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• API 5L pipeline pipe
• X52 steel plate surface quality standards that need to be met
• The basic production process of API 5L X60 pipeline steel
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• What does the heat treatment of Q690 Steel include?
• Reasons for choosing Q690D steel

The increase in export tax rebates is positive for China's steel exports

On March 17, the Ministry of Finance and the State Administration of Taxation issued a notice on raising the export tax rebate rate for some steel products, which included a total of 122 items of iron and steel and their products under customs codes 72 and 73. The export tax rebate rate was raised to 13%.

By raising the export tax rebate rate for steel-related products, on the one hand, it will effectively reduce the burden on steel enterprises and increase their enthusiasm for exporting steel products; on the other hand, it will provide export enterprises with a certain price reduction space and improve the international competitiveness of steel-related products. On the whole, the increase in export tax rebates is good for China's steel exports, and it can suppress the impact of some foreign situations.