[www.ferro-alloys.com] Under the serious oversupply in steel production and the pressure of sanctions from different countries, China is suspected to cancel the steel export tax rebate, about 9-13%. 
Chinese total steel ouput is close to the half of worldwide total output. It causes severe impact on the collapse of steel price and hit the steel industry over the world seriously. 
If China really cancels the steel export tax rebate, the export offer is estimated up to 10-15%, and the exports will go down. It is the favor of international steel market.

(Article from Internet for reference only)

• [Editor:Chen Zhen Seng]