China Announces New Export Controls on Steel Products
China is introducing new export license requirements for certain metal products starting Jan. 1, the country's Ministry of Commerce said last week, according to an unofficial translation. The measures will impose new export controls on around 300 metal and steel…
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products, including certain iron, scrap metal, steel bars, wire rods, steel pipes, sheets and coils. Foreign traders must "apply for export licenses," which "require the submission of an export contract and a product quality inspection certificate issued by the manufacturer," according to Chinese state-run news outlet Xinhua.