According to the Vietnamese "Customs News" reported on August 7, the Vietnam Steel Association recently recommended that the Ministry of Finance stainless steel import tax rate from 5% to 10%. Vietnam Steel Association believes that the domestic enterprises in the more cold-rolled stainless steel production capacity is over 300,000 tons / year, while total domestic demand of 250,000 tons / year. Therefore, domestic production can meet demand.
 
Vietnamese Ministry of Finance since January 1, 2012, imports of the commodity tax rate from 0% to 5%. But the first five months of the year cold rolled stainless steel imports still amounted to 46,000 tons, had a negative impact on domestic production and operations.




Other News:
The Vietnam Steel Association proposed to increase stainless steel import tariff
Exposed Liu Xiang, before receiving the gold medal instruction
The United States will roller bearing cone originating in China levied a 5-year
Harbin Bearing jointly U.S. enterprises to enter the high-end market in Europe a
Members who wish to Gordon on the 19th Diaoyu Islands Sino-Japanese dispute clos
Building Materials apparent decline of steel upside fatigue
Bank loans overall contraction in the steel trade enterprises are turning to the
Continuous Yindie iron ore pricing mechanism in the pipeline