NEWSBREAK: China to cancel some steel export tax rebates from May 1

China will remove the export tax rebate for some steel products from May 1, the Ministry of Finance said on Wednesday April 28.

Products related to our company include

Drill pipes, HS CODE 73042310, 73042390,  from 13% to 0.

Line pipes, HS CODE 73041900, from 13% to 0.

Boiler pipes, HS CODE 73043910, from 13% to 0.

Casing and tubing remains unchanged.