Zero Import Tariff to Significantly Boost China Unwrought Cobalt Imports in 2023_SMM

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Home / Metal News / Cobalt & Lithium / Zero Import Tariff to Significantly Boost China Unwrought Cobalt Imports in 2023

Zero Import Tariff to Significantly Boost China Unwrought Cobalt Imports in 2023

Mar 23, 2023 17:23 icon

CST

Source:SMM

SHANGHAI, Mar 23 (SMM) – After the approval of the State Council, the Customs Tariff Commission of the State Council issued an announcement on December 29, 2022, clarifying China's tariff adjustment plan for 2023, including zero tariffs on unwrought cobalt imports. The implementation of this policy may significantly reduce the import cost of unwrought cobalt, which will drive the import volume of unwrought cobalt.

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