China Ends Export Tax Rebate for Aluminum, Copper From Dec.

China to cut or cancel export tax rebates for products including aluminium, copper
China's finance ministry said on Friday it would reduce or cancel export tax rebates for a wide range of commodities and other products, effective Dec. 1. The country will reduce the export tax rebate rate for some refined oil products,
China Ends Export Tax Rebate for Aluminum, Copper From December
China is ending its export tax rebate policy for aluminum and copper, while lowering it for some refined oil and battery products as overcapacity concerns have grown among global trading partners.
China Says To Scrap Export Tax Rebate For Aluminium, Copper
China's finance ministry said Friday it was cancelling export tax rebates for metals like aluminium and copper, and certain other goods, beginning next month.
Aluminum price soars as China cancels tax incentive on exports
Aluminum soared as China announced it was removing a tax rebate that covers over 5 million tonnes of exports of the metal. Futures in London jumped as much as 8.5% following the announcement from the country’s Ministry of Finance, which didn’t give a reason for the change.
Aluminum Soars as China Scraps Tax Sweetener That Fueled Exports
Aluminum jumped on Friday after China said it would cancel a tax rebate that’s helped fuel a decades-long boom in exports and shielded an industry prone to overcapacity.
Alcoa, Century Aluminum Shares Jump After China Cancels Export-Tax Rebate
Shares of Alcoa and Century Aluminum rose after China's finance ministry said it would cancel its export-tax rebate for aluminum. In midday trading Friday, Alcoa's stock was up 8.6%, while Century Alu
China to cut or cancel export tax rebates for products including aluminium
China's finance ministry said on Friday it would reduce or cancel export tax rebates for a wide range of commodities and other products, effective Dec. 1. The country will reduce the export tax rebate rate for some refined oil products,
Alcoa jumps with aluminum futures as China cancels tax incentive on exports
Alcoa (NYSE:AA) +7.8% and Century Aluminum (CENX) +4.2% pre-market Friday as prices for aluminum and other industrial metals jumped after China canceled a tax rebate on exports of certain commodities.
China Copper Buyers Cut Annual Contracts With Market in Flux
China’s copper importers are reining in the amount of tonnage they buy through annual supply negotiations, once a bellwether ...
China should use more aluminium and recycled copper, industry says
By Amy Lv and Mai Nguyen SHANGHAI (Reuters) -Using more aluminium and recycled copper would help China cope with scarce ...
BusinessMirror1d
China’s copper output threatens to crowd out the rest of the world
Chinese copper smelters are facing pressure to rein in an expansion that’s pounding the industry’s profitability. The viability of plants across the globe may be at stake. The top consumer of copper ...
COPX: Copper Mining ETF A Hold Amid Commodity Price Slide
The price of copper is falling due to a strong dollar and anti-China tariffs, impacting copper mining stocks like COPX. Read ...
China opens up copper blending business to private firms
China has allowed more private firms to blend more polluting complex copper concentrates domestically as the country that ...
Bloomberg L.P.3d
China’s Copper Buyers Slash Annual Contracts With Market in Flux
China’s copper importers are reining in the amount of tonnage they buy through annual supply negotiations, once a ...
Yahoo Finance5d
China’s Copper Production Boom Threatens to Crowd Out the Rest of The World
China’s excesses threaten the future of copper refining beyond its borders, said Grant Sporre, head of metals and mining research at Bloomberg Intelligence. Operations from Chile to Europe and ...