According to the report of China Voice "National News Network" at 18:44, the Ministry of Finance recently issued a notice to cancel the export tax rebate for 48 kinds of steel products. Shan Shanghua, secretary general of the China Iron and Steel Association, believes that this move shows that China is increasingly cautious in exporting resources such as steel.
At present, the supply of raw materials required for steel production in China is not rich enough, and the dependence on imported iron ore is as high as 70%. At the same time, China exported 4.94 million tons of steel in May, an increase of 265.9%. One step in and one out reflects the contradiction in strategic positioning. In an exclusive interview with CCTV reporters, Shan Shanghua, secretary general of China Iron and Steel Association, pointed out that China cannot be a supply base for the world steel industry, nor does it support large-scale export of steel products in industrial policies.
Shan Shanghua said: "Exporting steel is equal to exporting raw materials for export. It is equal to exporting energy, which is equivalent to increasing domestic pollution. If you export according to the current capacity, the net export of the highest month is more than 4 million tons, and the annual export is 50 million tons. It accounts for 10% of the world's steel production. This is definitely a shock to the world steel market, and it also causes some unnecessary anti-dumping and countervailing trade disputes."
Shan Shanghua believes that the abolition of export tax rebates will have a certain impact on the domestic steel market in the short term, but in the long run, the steel market will not show a sharp drop, but it will be conducive to the transformation of the development mode. "In the case that our resources mainly rely on imports, exporting steel is equivalent to increasing imports. If you export 50 million tons of steel a year, it is equal to importing 75 million tons of iron ore for a long time, which is equivalent to raising the price of the mine. The price of ore is a kind of flat. The real export of steel should be indirect export of steel on the basis of satisfying domestic manufacturing." Shan Shanghua said.
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