[Molybdenum, vanadium, titanium, tungsten] ferroalloy exports transfer if another surge of export tariffs

Since June 1, alloy products will be part of the implementation of the new export tax. This is the 2005 state canceled alloy products of export rebates, the first three adjustments of alloy products of export tariffs. Ministry of Commerce in charge of the recently organized by the 2007 International Conference on Chinese ferroalloy said, Ferroalloy exports should remain moderate, ferroalloy exports in 2007 should total less than last year. Otherwise, ferroalloy export tariffs will be adjusted again.
Commerce Department official said, ferroalloy industry should be to satisfy domestic needs. recently by the international market in spurring demand, China alloy exports increased sharply, the national export tariffs upward again, But to maintain an appropriate level of exports are reasonable. As Europe and the United States, East Asia and other regions of alloy demand stability, 2007 alloy China in the export price shocks will maintain high prices in general will rise.
Most of the current domestic production enterprises alloy technological level is not high, the resource constraints and enormous environmental pressure, In addition, the state will continue to intensify efforts to screen and rectify, ferroalloy industry scale of investment will be reduced, backward production capacities to gradually withdraw from the market, increase productivity further reduced.
According to the understanding, The domestic steel market and strong domestic demand to promote the increased production costs ferroalloy market is the main reason for rising prices. The industry, through the adjustment of tariffs to control the export of China's total domestic market was not greatly affected. As long as domestic demand is still dynamic, due to increased export tariffs and sales to the domestic market part of the alloy resources in the domestic market would not be a smooth influence is too great. Production enterprises, the most practical issue is lowering production costs. And traders also said that in recent years, influenced by many factors, China's exports of iron in the international market share of more. For example, the United States of ferrosilicon market about 50% of products imported from China, the Chinese foreign users of the products on a higher degree China has alloys have quite a big market right to speak. Therefore, traders alloy exports increased costs due to higher external Price after the transaction is not difficult.