Brussels, 02/12/2014 (Agence Europe) - On Tuesday 2 December, the European steel association -Eurofer - criticised an unfair trade practice from China which enables steel producers and exporters in China to benefit from tax rebates of 9-13% on the general Chinese export tax for steel (which is 17%), granted by Beijing to Chinese exporters of alloyed steel.
In order to obtain the most tax-beneficial classification of alloyed steel, Chinese steel producers add cheap alloy boron agent to...