[China Glass Network] There is market information that the country will increase the export tax rebate rate for steel products. Steel and steel industry insiders said that the state does not encourage steel exports, whether to adjust export tax rebates, the government will further consider relevant measures according to the development of the situation, but the situation of China's steel exports is not optimistic.
At the 8th China International Conference on Steel Raw Materials held on October 23, Liang Shuhe, deputy director of the Foreign Trade Department of the Ministry of Commerce, and Shan Shanghua, secretary general of the China Iron and Steel Association, said that they are not aware of the adjustment of steel export tax rebate. The specific situation of the program. Shan Shanghua told Shihua Finance that steel exports belong to the “two high and one capital†products. Originally, it was not a national encouraged export product. The Chinese steel industry could not be a world processing factory. The export of low-end steel products was reduced to the steel industry. Benefits outweigh the disadvantages
Just as steel exports hit a new monthly high in July 2008, rumors about steel export tariffs may be further increased to curb excessive steel exports in the industry. It is reported that the Deputy Secretary-General of the China Iron and Steel Association, Qi Xiangdong, revealed on October 22 that since the situation of China's steel exports in October is not optimistic, the government's decision-making departments will consider appropriately raising the export tax rebate for steel products. The adjustment range is mainly for high value-added steel products, and the specific scheme is under study.
Recently, many steel mills reacted and were affected by the global financial crisis. Orders in Europe and America in October basically disappeared instantly. Mr. Ren Hao, general manager and director of Shandong Iron and Steel Group Co., Ltd. also said at the meeting that the Group’s steel export orders have dropped significantly in recent days, especially in the traditional European and American markets. At the previous steel association meeting, Luo Bingsheng, deputy secretary-general of China Steel Association, also said that for China's steel industry, the most important impact is that the orders for steel products exports have fallen sharply, especially in the fourth quarter. . There are reasons for the weakening of international market demand caused by the global financial crisis, and the influence of foreign investors on a wait-and-see attitude. From the development trend, in the fourth quarter of 2008 and even the first quarter of 2009, the export of Chinese steel products will drop significantly.
Analysts believe that steel exports will bear the brunt of the global economic downturn, but for China's steel industry, which is overly dependent on imported iron ore and export products that are too low-end, the export tax rebate for high-end products is conducive to the optimization of steel products. For the overall steel exports, the decline in exports will be inevitable.
According to the statistics of the Bureau of Statistics, domestic exports of steel products in the first nine months of 2008 were 48.5 million tons, down 1.03 million tons, down 2.1%; export steel billets were 1.13 million tons, down 48.03 million tons year on year, down 81.04%. According to the analysis report of China Steel Association, among the 4,179,700 tons of steel exported from January to August, the export coated plate was 1,546,200 tons, accounting for 65.52% of the total domestic production during the same period; the export of large-sized profiles was 2,204,800 tons, accounting for the total production. 33%; exporting 3.5246 million tons of seamless steel tubes, accounting for 27.39% of total production; exporting plate 2,457,100 tons, accounting for 19.92% of total production; exporting plate 4,213,700 tons, accounting for 17.28% of total production; The export of rolled sheet and strip was 2,148,200 tons, accounting for 13.49% of the total production.
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