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China might lift semis export tax another 5%.

Publication: American Metal Market
Publication Date: 19-DEC-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: China might lift semis export tax another 5%.(China Watch)(export taxation )(Brief article)

Article Excerpt
SINGAPORE -- The continuing rise in China's semi-finished steel exports has sparked new rumors that the government might increase taxes to 15 percent.

The Nov. 1 imposition of a 10-percent export tax on semi-finished steel has failed to stem the rise in exports, according to industry reports in China,...

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