According to official announcement of China government organization, the new steel export duty is put into effect from Aug 1st, 2021. The detailed steel material products are listed as below:
S.N. | HS CODE | Commodity | Tentative Duty (%) |
Export Duty since Aug, 1st, 2021 (%) |
1 | 72011000 | High-pure raw iron (Mn<0.08%, P<0.03%, S< 0.02%,Ti<0.03%) |
15 | 20 |
2 | 72024100 | chromium iron, C>4% | 20 | 40 |
3 | 72024900 | chromium iron, C≤4% | 20 | 40 |