Ferroalloy before July is expected to increase export tariffs

China Ferroalloy Association official learned, China is likely before the end of June will once again export tariffs on ferrosilicon 5% to 15% increase. Then ferromanganese export tariffs will likely increase, China Ferroalloy Industry Association President Chang Zhenming Friends (Jilin Ferroalloy) said, traders are concerned ferroalloy product export tariff hikes are not likely, now increased export tariffs on the products may be ferrosilicon or ferromanganese and ferrosilicon. He may think that tax increase is five percentage points. China will be increased for all ordinary alloy products of export tariffs, and the rate will be raised to 20% of the rumors, president is not often recognized.
Chang, president of the view did not remove the worries of traders, a trader said, Now silicomanganese volume of exports has been great, the increase in export tariffs will again promote the silicon-manganese export prices rise and continues to believe that the export tariff will increase to 20%. "
In multi-channel news, we can see that the Chinese government will soon ferroalloy related products increased export tariffs, when export tariff increases coupled with the continuing rise in price, two factors will again promote ferroalloy sales price increases. Standing president also said that the second half of this year, China's iron alloy products production and sales will continue to rise, But in national policy and the constraints under the influence and its growth rate will be declining. Now there is news that the Chinese government is organizing began ferroalloy products increased export tariffs research