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China Rock Hit Smugglers of Ferro silicon

  • Monday, July 4, 2016
  • Source:ferro-alloys.com

  • Keywords:Ferro Silicon
[Fellow]China is ferro silicon main producer and exporter in the world. but the situation is changed since 2007...

China Custom General lead other sub-customs to rock hit smugglers of ferro silicon ,43 people arrested and three main smuggler group destroyed and 4000mt ferro silicon in warehouse found and controled.

Since 2012,Smugglers from Nanning ,Vietnam bought ferro silicon from producers located in Ningxia, Inner mongolia ,Gansu and Qinghai and transported to Nanning warehouse and changed package or took over the border river by small lots and then loaded in 

containers in Haifang port, Vietnam and delivered to Japan, Korea, Taiwa, USA and other areas according to the information annouced on June 29,2016 by custom information center.

China  is used to export  1.2 million tons of ferro silicon from Tianjin before end of 2006, when or after Jan 1,2007, China imposed 27% export tax to limit the export volume and control the fast development of  ferro siicon production. but the reality is that the export volume from Chinese port has been dropped significantly and from South Border with Vietnam ,there occured window illegally and 70% more or less of ferro silicon  transhipped from there and spread the world market.

This Rock hit may stop the smugglers and Ferro silicon export from Chinese port will be normal increased and will regulate the market.

But due to high export tax ,FeSi from China is no longer competative than Russia and Malysia, and China already losed the market of fesi i n the world.

 

  • [Editor:admin]

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