Next round of rebate cuts in China may include aluminium semis

Reuters reported that China may consider a cut in tax rebates for semi finished aluminium products in its next review, likely lowering output in the world's biggest producer of the metal.

Industry sources and analysts said that aluminium products are the only base metal that now qualifies for tax rebates. But Vice Commerce Minister Mr Jiang Yaoping had said last week that China may cut a series of tax rebates given to exporters of energy intensive products.

(Sourced from Reuters)

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.