China's bloated steel industry will continue to experience tough times this year despite years of government efforts to address overcapacity in the sector, the Ministry of Industry and Information Technology (MIIT) said on Feb 5th..
China will slash export tariffs for coal from Jan. 1,2015 and adjust those for a range of other commodities as part of broader efforts to re-order trade and foster economic growth.
The iron-ore price depreciation on the world market will not impact existing preliminary anti-dumping duties measures imposed by the Ministry of International Trade and Industry (MITI) or the final investigations currently underway.