Government taxes aluminum exports
20 July 2007
China will temporarily impose export duties on some aluminum products from August 1 in a bid to reduce energy and resource consumption as well as pollutant emissions, according to the Ministry of Finance (MOF). The government will levy a 15% export tariff on non-alloy aluminum rods and poles and scrap the 5% import duty on electrolytic aluminum, Sina reported (in Chinese). Ministry representatives said the move aimed to "further restrict exports of high energy-consuming and polluting resources products and encourage imports of raw materials."