China to bear brunt if South Africa passes chrome ore export tax proposal
Published: Thursday, 22 October 2020
Chrome market participants have been surprised by the South African government’s proposal to introduce an export tax on chrome ore to support its chrome sector but sought further detail about what it involves and when it would be carried through.
The proposed export tax on South African chrome ore is
designed to support domestic ferro-chrome production and its
chrome value chain, the South African government said on
Thursday October 22.
The interventions include the proposed introduction of the
export tax on chrome ore, the usage of energy efficiency