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

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 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 should use more aluminum and recycled copper, industry says
China depends on overseas imports for 60% of its aluminum resources as opposed to 70% of its copper resources.
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 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 ...
Swapping aluminium for copper will maintain China's resources, group says
SHANGHAI (Reuters) -Promoting the use of aluminium to save copper would be conducive to maintaining the security of China's ...
BusinessMirror13h
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 ...
Yahoo Finance4d
China’s Copper Market Needs More Stimulus, Says Top Importer
(Bloomberg) -- China needs to deploy more economic stimulus if copper demand is to revive, according to a major importer of the metal. The government has issued a slew of measures since late ...
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 ...
Crude Oil Prices1d
Is Copper’s Bull Run Over?
This article analyzes the impact of the recent US election and China's underwhelming stimulus package on copper prices, highlighting a cautious market sentiment and potential downside risks.
Bloomberg L.P.2d
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 ...
Copper Heads for Weekly Decline as Chinese Demand Falters
Copper headed for a seventh consecutive weekly fall, weighed by a weaker outlook for Chinese demand and a post-election ...