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WTO will adjudicate China to cancel silicon metal ect export taxes , China will appeal

24/08/2011    262

Last week (on August 15th - 19th) Hong Kong the trader gave American the middle man metallic silicon quoted price are: 553#2450 US dollar/ton CIF Baltimore (Baltimore), this batch of metallic silicon are China which transports from Vietnam produce the metallic silicon. So long as each ton adds 250 US dollars again, US's middle men namely may obtain this batch of metallic silicon to be from Vietnam's proof, so long as had this certificate they to be possible not to need to pay the counter-dumping tax again.

Requests China in view of WTO to cancel including the metallic silicon one batch of raw material customs duty ruling, the Chinese government announced officially will make the appeal. After making the appeal, WTO requested China to abolish 20% customs duties the ruling already to retard at least one year. In appeal period, other country cannot request China to cancel the related export tax.

August 22, 2011

Source: xmxf.com