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China will continue to impose 40% export taxes on ferrous and stainless steel scrap, In 2024

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In 2024, China will maintain 40% export taxes on ferrous scrap or stainless steel scrap.

The Chinese Taxes Adjustment Plan for 2024, which was just released, states that the 40% export duties on ferrous or stainless steel scrap will still be in place. There are currently 107 goods on the Chinese government’s annual list that are subject to particular export tariffs.

We at Stainless Espresso and the Gerber Group would like to express our gratitude to each and every one of you for an amazing 2023.

Naturally, in the event that something significant occurs in the interim, we will continue to keep you updated.

Even in between years, you can contact the sales team of the Gerber Group with any questions regarding aluminium or stainless steel.

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