Tax rebate rise may hardly to boost steel prices in China

(整期优先)网络出版时间:2009-07-17
/ 1
ChinesesteelmillsturntomoreimportedironoreAChinesedomesticsteelmill,TangshanGangluIronandSteelCo.,Ltd.,hasbeenusing100percentimportedironoreinproductionsinceMarch-thoughinJanuary,domesticironoremadeupforabout30percentofthetotalrawmaterials.Thecompany,basedinZunhuainnorthChina'sHebeiProvince,isoneofthedomesticmillsthathavebeenusingmoreimportedironore.'Importedironoreischeaperthandomesticoneandwithhigherquality,'saidamanagerwiththecom-