Tag: China Iron and Steel Association
Steel companies urged to boycott
In protest over an alleged price monopoly, the China Iron and Steel Association has asked domestic steel firms and traders not to import iron ore from Australia-based Rio Tinto and BHP Billiton and Brazil-based Vale for two months.
Largest stainless producer in the world
Citing figures with the China Iron and Steel Association (CISA), Xinhua has reported that China has remained the world's number one producer of stainless steel in 2007 accounting for more than 25% of the global output.
China reduces/cuts VAT rebate
China has abolished the VAT export rebate on many types of finished steel, and reduced it to 5% for more high valued products, according to the China Iron and Steel Association (CISA).