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China will raise export tariffs for pig iron and ferrochrome, and remove export tax rebates for 23 steel products from Sunday, the second adjustment in three months as it seeks to ensure domestic supply while controlling output to curb emissions.
Export tariffs for high-purity pig iron will be lifted to 20 per cent from 15 per cent, and tariffs for ferrochrome will be increased to 40 per cent from 20 per cent, the Ministry of Finance said in a statement on Thursday.
The country will also cancel export tax rebates for 23 steel products . . .
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