On November 15, 2024, the Ministry of Finance and the State Taxation Administration jointly issued the "Announcement on Adjusting Export Tax Rebate Policies," which comprehensively canceled the export tax rebate policy covering 34 tax codes for copper semis, effective from December 1. The introduction of this policy was like a boulder thrown into a calm lake, stirring up waves in the copper rod export market. According to SMM, since the end of November 2024, the copper wire rod export market has accelerated its transition from Ordinary Trade to processing trade, and now processing trade has become the mainstream mode for copper cathode rod exports.
At the same time, the international market environment has become increasingly complex. The unpredictable US tariff policies and the continuous turbulence in the global trade landscape have further exacerbated the uncertainty in the copper cathode rod export market. Domestically, the shadow of severe overcapacity in the copper rod industry has always loomed over the sector. Many enterprises, in their quest for survival, have turned their attention to overseas markets, attempting to break through the predicament by expanding global orders. However, the sudden tightening of the export tax rebate policy has not only significantly compressed corporate profit margins but also forced companies to quickly adjust their trade strategies.
The transition from Ordinary Trade to processing trade is fraught with challenges. In the process of exploring new trade models, enterprises have generally encountered multiple challenges, including insufficient policy interpretation, unstable raw material supply chains, and intense international market competition. Under the dual pressures of policy and market, how can copper rod enterprises accurately grasp policy directions, innovate trade models, and ultimately break through the overcapacity dilemma!
It is against this industry backdrop that on April 18, the 2025 SMM Processing Trade Export Training Conference, organized by SMM, was successfully held in Shanghai. More than fifty representatives from numerous copper rod enterprises across the country gathered at the Aurora Building. Participants engaged in in-depth discussions on cutting-edge topics such as export policy changes, trade model transformation, practical operations of processing manual applications, overseas market trading strategies, and LME RMB trading paths, jointly analyzing the new trends in the copper rod export market and exploring directions for the industry to break through.
The successful hosting of the 2025 SMM Processing Trade Export Training Conference can be considered a milestone event in the development of the copper rod export industry! It is not only a "timely rain" for the industry under the dual pressures of policy turbulence and overcapacity but also a "lighthouse" guiding enterprises through the fog. In the severe situation of the cancellation of export tax rebates and the complex and ever-changing trade environment, this training conference is like a treasure trove of wisdom, deeply analyzing the underlying logic of policies and deconstructing the practical difficulties of processing trade, enabling enterprises to move from "policy confusion" to "precise response." By sharing practical strategies for overseas market trading and innovative paths for LME RMB trading, it has opened up new avenues for enterprises to reduce costs, increase efficiency, and enhance international competitiveness.
This training conference brought together industry authoritative experts and practical elites, establishing an efficient platform for resource对接 and experience sharing, breaking the dilemma of enterprises working in isolation, and promoting协同破局 across the industry chain. It not only addressed urgent issues for enterprises such as processing manual applications and raw material supply chain optimization but also, with a forward-looking vision, guided enterprises to seize new opportunities in the restructuring of the global trade landscape, helping them achieve transformation and upgrading in the red ocean market of overcapacity and抢占国际市场先机. The successful hosting of this grand event will undoubtedly accelerate the copper rod industry's journey out of困境,迈向高质量发展的新征程,重塑行业竞争新格局!
For more conference information and details about the 2025 SMM Processing Trade Export Training Conference, please contact:
De'an Xu: 166-0190-0090
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