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The Ministry of Commerce limited the scope of the rare earth alloy into the rare earth quota management
Yesterday (May 19), the Ministry of Commerce and the General Administration of Customs jointly issued a notice. Starting from May 20, the customs commodity number 7202999100 "other iron alloys with a total rare earth element content >10% by weight" will be included in the rare earth export. Quota license management. This means that in the past, due to the fact that the export of alloys was completely free from export quotas, the smuggling of “rare earth alloys†that had once been bred would be severely controlled by the state customs. The so-called iron alloy, that is, the combination of rare earth elements and iron elements. In the past, whether it was domestic sales or export, the production of rare earth alloys was carried out according to the order, including quantity and variety. Previously, the "Daily Economic News" had specifically made a special report on the "legal" loss of "rare earth alloys", and made a call for the loopholes in the rare earth policy at that time. Yesterday, a rare earth smelting and separation person explained to reporters that the alloys have different contents depending on their uses. The content of rare earth elements is also different. “For example, 80% of the content of strontium iron alloy is bismuth. Generally, 'é•' is used as medium-heavy rare earth. There are many restrictions on the export, but if it is processed into bismuth iron alloy, the export is not limited.†The head of the Foreign Trade Department of the Ministry of Commerce also pointed out yesterday that rare earth alloys such as strontium iron alloy and strontium iron alloy have higher rare earth content. Incorporating the overall framework of rare earth management for effective management is conducive to closely coordinating the implementation of the comprehensive management policy for rare earths. The above-mentioned rare earth industry insiders also told reporters that because the element content of ferroalloys can be artificially controlled, this means that the total content of rare earth elements by weight is less than 10%, even if 9.9% can also be exported without restriction, as long as the number of exports increases. It can also meet the needs of disguised exports. However, the person also stressed that this is only a technical analysis of possible loopholes. After all, less than 10% of ferroalloys still have many normal and reasonable export demand. In response, a large-scale rare earth export trader in Beijing said in an interview with the Daily Economic News yesterday that the 10% ratio limit has been relatively severe. In the past, the proportion and ratio of elements in each ferroalloy product of each company were not. The same, and confidential according to the needs of customers, therefore, more than 10% of exports in the past accounted for the proportion of total exports, it is difficult to count. The above-mentioned traders also said that from the perspective of business and profit, if it is to avoid the “10%†export restriction, it is not worthwhile to do as low as 9.9%, because the tariff is only 5%, if it is not used. When things are shipped out, reprocessing will be a waste of resources. "But considering the quota factor, future contracts will be affected, and a considerable number of SMEs without quotas will be eliminated," said the trader. According to him, ferroalloy production enterprises are mainly distributed in Jiangxi, Sichuan and other places. Baotou, Inner Mongolia, has done very little, while the past iron alloy exports were the most in Japan, Europe and the United States. However, the Ministry of Commerce did not make a clear explanation on the specific amount of export quotas, but the Ministry of Commerce announced that it will set up a transition period for the export of the above-mentioned goods that have been signed before May 20, 2011 (inclusive). From May 20, 2011 to June 30, 2011.