Free press releases distribution network?

Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Tax Deduction on Imported Nickel in China Unlikely to Push Inflow - Trading sources reported that a tax deduction on importations of refined nickel in China is not likely to prompt inflow due to high world prices
Tax Deduction on Imported Nickel in China Unlikely to Push Inflow

 

PRZOOM - /newswire/ - Delhi, New Delhi, India, 2007/02/02 - Trading sources reported that a tax deduction on importations of refined nickel in China is not likely to prompt inflow due to high world prices.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Mining/Metal/Mineral Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The China’s Finance Ministry announced that import tax on refined nickel will be reduced to one percent in January 2007 from two percent on its Website. This step mirrors the growing need for nickel imports to sustain a proliferating Chinese economy that consumes over ten percent of the world’s nickel, a metal widely used for stainless steel production and in plating industry.

The trading value of nickel on December 28, 2006 was $ 33,550 per ton, a two-fold jump in the same year. Soaring world prices have cut the demand for imported nickel by China as some of the small and medium-scale plating factories and stainless steel mills lessen the production of nickel-based products.

A manager at a trading company in northern Inner Mongolia region informed that their sales reduced to half in 2006 from 2005 and they chose not to stock refined nickel for spot sales. He was speaking on the reduced demand for imported nickel in China.

However, imported nickel in China in the initial eleven months of 2006 was still 7.6% more (86,908 tons). It was because of insufficient production.

According to a Metal research Analyst at RNCOS, a leading market research company, the Chinese government wants to foster imports. Nickel is a high-price metal and really has weakened business. However, the proposed deduction in tax on refined nickel’s imports in China would come as a relief to the traders.

A new research report called “Nickel Market Outlook (2007)”, has covered facts and issues that are critical to your business’ success, such as:

- Insight into market performance trends
- Position of Nickel stock and Contracts on London Metal Exchange generation
- Growth sectors and factors impelling change
- Austenitic and scrap ratio for nickel containing steel indicates
- Growth opportunities
- Key Challenges and strategies
- Future outlook of the market

The report further provides extensive research and rational analysis on the Nickel Market, its performance and its future prospects.

About RNCOS

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Mining/Metal/Mineral Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Mining/Metal/Mineral articles,
CATCH Visitors via Your Competitors Announcements!


Tax Deduction on Imported Nickel in China Unlikely to Push Inflow

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Mining/Metal/Mineral via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From RNCOS E-Services (P) Ltd / Company Profile


Read Mining/Metal/Mineral Most Recent Related Press Releases:

Boliden Selects Metso to Supply Equipment for A New Surface Crushing Station to Aitik Copper Mine in Sweden
Metso's Upgraded PlantTriage Software Simplifies Real-time Performance Management and Strengthens Cybersecurity
Metso Supplies Key Minerals Processing Equipment to Tibet Julong Copper for One of the Largest Greenfield Copper Projects in the World
Metso's Reliable Neles BWX Butterfly Valve Meets Requirements of Various Process Industries
Metso Introduces Integrated Approach for In-the-pit Operations
Metso Introduces Advanced Solutions for Fine Classification in Wet Minerals Processing
Rockwell Automation Outlines Steps for Achieving a Connected Mine
Metso Signs Landmark Deal with the World's Largest Copper Miner Codelco in Chile
Metso to Continue the Exclusive Lokotrack Distributor Agreement with Garriock Bros in the UK
Steel Dynamics, Inc. Wins Metals Company of the Year - Platts Global Metals Awards

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today