Sparking friction, China steel exports reinforced by rebate
China has boosted exports of steel qualifying for a generous tax exemption to some Asian countries, triggering accusations that mills in the world’s biggest producer are taking advantage of the rebate to sell surplus steel cheaply. [by Yuka Obayashi and Manolo Serapio Jr | October 29, 2014 | Reuters] The steel in question contains boron,…
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