IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2018 | Removal date: 31 Dec 2018
Still in force

Export licensing requirement

On December 26th, 2017, the Chinese Ministry of Commerce published the annual list of firms licensed to export raw alloys of iron abroad for the following year.

This iteration licensed 267 firms - 15 more than the previous year. This included 32 newly licensed firms, and 17 firms who did not have their licence renewed from the previous year.

As information of the sizes of firms mentioned is unavailable, this intervention is classified as amber.

Exporters are divided into two categories: Type A and Type B.

Type A exporters must be larger, with a minimum capital of CNY 20m (approx. USD 3m) and be involved in exporting general alloys of iron (HS tariff lines under code 7202).

Type B firms' capital requirement is less, at CNY 5m (approx. USD 750,000), and is reserved for firms that focus on alloys of iron with silicon, chrome, manganese, nickel, molybdenum, tungsten, titanium, vanadium and neodymium. Please see original documents for full information on this (specific HS codes: 72022900, 72024100, 72024900, 72025000, 72026000, 72027000, 72028010, 72028020, 72029100, 72029210, 72029290, 72029300, 72029911, 72029912, 72029919, 72029991 and 72029999).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

411 Basic iron & steel
7202 Ferroalloys.
720211 Containing by weight more than 2 % of carbon
720219 Other
720221 Containing by weight more than 55 % of silicon
720229 Other
720230 Ferrosilicomanganese
720241 Containing by weight more than 4 % of carbon
720249 Other
720260 Ferronickel
720270 Ferromolybdenum
720280 Ferrotungsten and ferrosilicotungsten
720292 Ferrovanadium
720299 Other

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