South Korea will Apply 0% Quota Tariff to Three Kinds of Semiconductor Manufacturing Gases from Next Month

Published: Mar 17, 2022 15:12

Source: SMM

Save

South Korea will apply 0% quota tariff to three kinds of semiconductor manufacturing gases from next month.

Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance of South Korea, pointed out that from next month, South Korea will apply 0% quota tariff to three kinds of semiconductor manufacturing gases, and will discuss the applicable requirements of quota tariff on ferrotitanium, aluminium bars, lead and copper as soon as possible.

aluminium lead copper

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

15 hours ago

Citi Cautions on Commodity Risks Amid Copper Surge, Unusual Crude Oil and Gold Movements

【SMM News Flash】Citi Warns of Rising Risks in Commodity Markets - Despite Analysts' View of Weak Fundamentals in Copper Market, Copper Prices Surged Significantly This Week, While Crude Oil and Gold Markets Also Experienced Unusual Movements Due to Escalating Tensions in the Middle East. Tom Mulqueen, Head of Metals Research at Citi, Stated in a Report First Released on Thursday That, Driven by Capital Inflows Following the Rally in Precious Metals and a Weakening US Dollar, Copper Prices Could Climb to $15,000-16,000/mt in the Coming Weeks.

15 hours ago

PengXin Resources Forecasts 2025 Net Profit Turnaround on Higher Output, Prices

【SMM News Flash】PengXin Resources (600490) announced on January 30 that it expects to achieve a net profit attributable to the owners of the parent company of 210 million yuan to 290 million yuan in 2025, turning a profit on a YoY basis. The main reasons for the expected profit were an increase in the production of mined gold, copper cathode, and sulphuric acid, along with a YoY rise in selling prices during the reporting period; additionally, cobalt hydroxide prices rebounded, with the reversal of impairment losses on cobalt hydroxide and the completion of sales of some products.

15 hours ago

Glencore to Prioritize DRC Copper, Withholds Cobalt Forecast Amid Export Curbs

【SMM News Flash】Glencore, one of the world's largest mining and commodity trading groups, is expected to prioritize the development of its copper production operations in the Democratic Republic of the Congo (DRC) in 2026 and adjust its production plans accordingly. As export restrictions continue to weigh on the country's cobalt exports, this move by Glencore underscores how market control and the global energy transition are reshaping mining strategies in Africa. The company stated that it has issued production guidance for the coming year but has not yet provided a cobalt production forecast due to high uncertainty. Although the company continues to mine cobalt in the DRC, exports remain restricted due to a quota system implemented by the Congolese government to manage supply surplus and stabilize prices.

15 hours ago