Qi Xiangdong : not rule out the possibility of a permit system for steel exports-Hebei zhonghai steel pipe manufacture Co., Ltd.

    Yesterday, "the fifth conference of the Far East", the China Iron and Steel Industry Association Vice Secretary-General Qi Xiangdong said. If it does not contain steel export target, it may consider using steel export licensing system. Qi Xiangdong said : "If the abolition of the steel export tax rebate policy is not to contain iron and steel export target not rule out taking more stringent measures. "Prior to this, China Minmetals Chemical Association, Chen Haoran have also put forward proposals, on 26 categories of steel 215 categories of exports of all products automatic license management. Steel exports to the automatic license management, effective monitoring of steel exports to the steel macro-control, give full play to industry associations; will change the current steel exports chaotic situation, coordination steel export order; will effectively alleviate the pressure from the States to reduce the risk of trade friction.
     Qi Xiangdong also revealed that the first three months of the domestic steel industry operating high quality, 78 domestic large and medium-sized iron and steel enterprises realized an increase in profits and taxes of 1.33 times the profit growth of 2.86 times, Accumulated losses of loss-making enterprises slump. (Shanghai Securities News)
    Related Links : Steel export control not wishful thinking
    since early April steel export tax rebate rate policy adjustment, China's steel exports on the discussion constantly.
    China Iron and Steel Industry Association Vice Secretary-General Qi Xiangdong yesterday that the "fifth conference of the Far East," said clearly that the export tax rebate rate and lowering the cancellation does not effectively curb China's rolled steel exports, This year's steel exports will continue to maintain growth momentum.
    Qi Xiangdong, China in 2005 is a net importer of steel, only to the year 2006 will stand up as a net exporter. It is also the world steel market in strong demand for the background under the hard-won achievements. "China's steel production accounted for 36% of the world's total output, while exports of world exports accounted for only 10% of total. this ratio is very low. As an annual output of more than 100 million metric tons a large country, in the absence of China's exports, World Iron & steel's price will rise."
    He pointed out that last year, China's steel exports more than 60% are" plate and pipe band, " long build small cars plate, plate, hot rolls, silicon steel plates, etc. for less. "This illustrates that the high quality of the production potential is very great. Furthermore, it was said billet and slab should reduce exports, because these are low value-added products. In fact, Russia, Southeast Asia is a great need billet materials, now, but it does not export. "Therefore, Qi Xiangdong, should seriously study the global market consumption structure. let the "market" to the statement, but not to interfere in wishful thinking.
    Qi Xiangdong said that the export tax rebate policy adjustment should be "timely and appropriate." He believes that the abolition of the tax rebate rate and will push down prices of steel products and the increase in export costs rise causing domestic. production price index (PPI) rose to stimulate the consumer price index.

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