Recently, the finance departments (bureaus) of provinces, autonomous regions, municipalities directly under the central government and cities specifically designated in the state plan (Cai Shui  No. 123), the tax bureaus of provinces, autonomous regions, municipalities directly under the central government and cities specifically designated in the state plan, the finance Bureau of Xinjiang production and Construction Corps: in order to further simplify the tax system and improve the export tax rebate policy, the export tax rebate rate of some products has been adjusted. We hereby notify you of the following matters: the export tax rebate rate of photo paper film, plastic products, bamboo floor, rattan products, toughened safety glass, lamps and other products will be increased to 16%; the export tax rebate rate of lubricating oil, aviation tires, carbon fiber, some metal products and other products will be increased to 13%; the export tax rebate rate of some agricultural products, brick and tile, glass fiber and other products will be increased to 10%. This notice has been issued since 2018 From November 1, 2010. The export tax rebate rate applicable to the goods listed in this Circular shall be subject to the export date indicated on the export goods declaration form.
Based on the increase of the export tax rebate rate of metal products to 13%, and the export tax rebate rate before the adjustment of galvanized steel coil has been at this level, therefore, the adjustment range of the export tax rebate rate of galvanized steel coil has been increased to 16%.
In 2015, the export volume of domestic steel reached a peak value of 112 million tons; although the export volume decreased in 2016, the total volume was still higher than that of 100 million tons, and further decreased in 2017. The total volume of steel export was only about 75 million tons. In 2018, the export situation is still not optimistic. Specific data show that from January to August, steel exports reached 47.18 million tons, down 9.8% year on year; steel exports reached 263.3 billion yuan, up 7.6% year on year. In terms of sectors, from January to August, the sector exports 26.95 million tons, down 14.9% year on year; the sector exports 139.3 billion yuan, up 1.3% year on year.
From the perspective of galvanized sheet varieties, the export volume reached a peak of 9.65 million tons in 2016 and dropped to 9.18 million tons in 2017. From January to August, the export volume of galvanized sheet was about 4.74 million tons, down 26% year on year. It can be seen that the export situation of galvanized steel coil and the overall export situation of steel are not optimistic this year. In addition, the export of galvanized products decreased significantly.
The author has been tracking the domestic export-oriented galvanized sheet manufacturers for a long time, and has learned that the current foreign trade environment is really poor. On the one hand, foreign trade protectionism is frequent and continuous, and the export difficulty of some regions is gradually increasing; on the other hand, under the supply side environment, the price of raw materials is difficult to go down, and the price of domestic galvanized steel coil in the past three years is also at a high level for many years, especially in the second and third quarters, the export price is generally high, the competitive advantage of the international market is weakened, and the export share is also shrinking
According to the feedback of export-oriented galvanized sheet and coil enterprises in Shandong and North China, the export situation has worsened since the third quarter with the passage of time. Under the pattern of insufficient external demand, the details of new orders received in the fourth quarter are insufficient, the production cycle of a few enterprises is less than one week, and there is more pressure to stop production.
According to the current foreign trade environment and domestic and foreign market demand, the notice adjusts the export tax rebate rate of galvanized steel coil from 13% to 16%, which will undoubtedly form a good support for the later stage of export, but this adjustment does not include most of the steel including hot and cold steel coil into the adjustment scope, and the tax rebate adjustment of some metal products is only increased to 13%. It can be seen that the tax refund of galvanized steel coil is a considerable advantage.