Ministry of finance in Vietnam has raised importing tax rate of stainless from 5% to 10% on 1st,Jan,2012.At present Steel Union in Vietnam suggest to raise the tax rate from 5% to 10% as they think the capability of cold rolled stainless per year is more than 300000 tons/year while the domestic demand is only 250000/year,which the home mills' capability is fully enough for domestic use.
The statistical data shows from Jan to May the cold rolled stainless's importing amount is still high with 46000tons,which makes the domestic market be in hard situation.
TJC Stainess Co.,Ld
The statistical data shows from Jan to May the cold rolled stainless's importing amount is still high with 46000tons,which makes the domestic market be in hard situation.
TJC Stainess Co.,Ld