Coal Resources Tax Reform Will Increase Steel Prices

Li Ting, a coal industry analyst at the China commercial circulation Productivity Promotion Center, said in an interview with reporters recently: "at this stage

Insiders pointed out that if the introduction of coal resources tax reform, it is likely to exacerbate the CPI surge.

According to Xing Lei, director of the research center of China coal listed company of Central University of Finance and Economics, China's Coal Economics Research Institute, "it is very unlikely that the reform of coal resources tax will be launched at the end of the year".

A steel enterprise sales manager told the reporter on the telephone, "if the coal resource tax reform is introduced in the near future, although the policy has a certain lag period, the steel price will no doubt be forced to rise."

Xing Lei thinks that the reform of resource tax will certainly increase the price of coal. At present, coal is a seller's market, and the raising of tax rate will make coal.

Lange steel analyst Zhang Lin believes that in the metallurgical industry, coal resource tax reform is the biggest impact of coking plant, steel mills and coking plants in the pricing game, steel bargaining power will be stronger.

In the current environment, steel prices fluctuate frequently due to any trouble, so it is not ruled out that the steel factory will continue to raise the factory price while the price of coal rises.