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Pleasing steel mills, MOF plans to raise import tariffs

October 10, 2012 by

VietNamNet Bridge – The Ministry of Finance MOF is considering raising the import tariffs on some steel products, following the repeated complaints from domestic steel manufacturers about the massive low quality imports.

On its website, MOF on October 8 showed the draft circular on the import and export tariffs, with the tentative tax increase from 5 percent to 7 percent on cold rolled stainless steel products, according to Thoi bao Kinh te Saigon.
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