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China reimposes tariffs on coal imports

The government in China is set to reimpose coal import duties again from April 1, 2023, as the import tariff expires.

China’s Ministry of Finance said import duties of between 3 and 6% on coal will come into effect again as the zero duties were only imposed from May 1, 2022, to March 31, 2023, when the government decided not to extend them.

The zero tariffs were announced in late April 2022 to ensure the supply of raw materials to the energy and mining sectors. Besides, a month ago, the National Development and Reform Commission of China announced a large-scale plan to boost domestic supply, which included building a stockpile of 620 million tonnes.

Raw coal production in China reached 4.09 billion tonnes, an increase of 10% from January to November 2022.

 

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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

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17 Country

300.000 Employees

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