Ferro Tungsten Price

China's rare earth export restrictions on further appeal WTO slim odds

Details: Category: Rare Earth News; Published on Thursday, 17 April 2014 17:17; Written by HJF; Hits: 1514

Chinese Ministry of Commerce held a regular press conference today , the Ministry of Commerce spokesman Shen Danyang talk about " China's rare earth export policy case" , said the Chinese side will be on April 17 raised to the WTO Dispute Settlement Body crossover appeal , the Chinese side will fully do appellate work . No matter how the outcome of the appeal , China to protect resources , environmental policy objectives will not change .

Which lasted two years, the United States , Japan, EU trade lawsuit against China 's rare to make a preliminary ruling on March 26 , WTO ruled against China , finds China 's rare earth export restrictions and export taxes and other related systems in violation of WTO commitments. Although China may , within 60 days of the WTO Committee of Final Appeal , but the possibility of past cases of view in favor of minimal.

Around the " rare earth export policy ," the US-China trade legal battle is heating up , in order to expand the fruits of victory , the U.S. was again submitted to the WTO appeal on April 8th , and today China is also the first official confirmation of the time for appeal .

Prior to China Nonferrous Association vice president Jia Ming Star spokesman said that at present , the Committee of Experts WTO on Chinese rare earth production management is recognized , because the purpose of management is to protect resources and the environment , but that the export quota tariff management approach does not comply with WTO requirements.

Over the past 20 years , 90 percent of the global supply of rare earths from China . From the perspective of a single trade point of view, China's rare earth export controls does the use of rare earth enterprises in importing countries adversely affected. On the one hand , the export tax to make use of foreign importers and domestic rare earth enterprises are facing different prices. On the other hand , the export quota of rare earth lead to insufficient supply in the international market , increasing the cost of importing enterprises.

After losing our country is facing rare earth quotas cancellation policy , lowered tariffs, liberalization and other rare earth export gate , opened the prelude to a new round of corporate reshuffle . On the one hand , a period of time , all kinds of rare earth products in general prices will fall further , which will directly lead to the closure of some SMEs outs or acquisitions ; on the other hand , for environmental reasons, the government will stimulate industry consolidation on the basis of pre- accelerate large group reorganization process.

China Rare Earth Group , a large high-rise on the phone , " Economic Information Daily" correspondent said that from a business perspective are most worried about is that in the rare earth bubble burst , the rare earth industry as a whole are relatively sluggish performance , the export situation is very weak, once after losing triggered rare earth export control policies canceled , this signal may cause rare earth prices continue to fall , so industry worse.

But even though Europe and other Western countries in the prosecution of Chinese export restrictions , but unfortunately the mining reluctant to sell their strategic resources is also very common phenomenon . After a state such as Canada take on timber exports , " domestic needs test " , that is, only in the country, the state sell timber to meet the internal demand will consider exports. Another example is the U.S. natural gas exports to take " an export license approval ," and so on.

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China today proposed cross-appeal on exports of rare earths dispute

Details: Category: Rare Earth News; Published on Thursday, 17 April 2014 17:15; Written by HJF; Hits: 1534

[ Shen Danyang ]: We believe that the situation in the second quarter than the first quarter should be good, but it may start from May will have better data reflected.

Foreign trade for the whole year we are confident to achieve the desired objectives , is mainly based on three positive factors: First, the world's economic growth accelerated to promote the international market demand stabilized. April 14 there is a report of the WTO , world trade is expected to grow by 4.7 percent this year , up from 2.1% in 2013 , higher than doubled. Second is to improve China's industrial supporting policies , technical standards continue to improve , with a strong competitive export industries . We believe that as long as the steady recovery in global demand , with the competitiveness of China's export industries , import and export remain slightly higher than the global growth rate is entirely possible. Third, China 's foreign trade since last year, a series of policies and measures implemented by steady growth , adjusting structure is further implemented, help stabilize the import and export business confidence . Recent Ministry of Commerce and General Administration of Customs of thousands of export companies were managers conducted a survey , the results showed that the export outlook for business this year is rising month by month .

In short , the current development of China's foreign trade has a solid foundation , as long as the policies and effective measures to achieve steady growth is conditional , if possible , to increase the coordination of the Ministry of Commerce is currently promoting efforts to actively implement the relevant policies and measures , I believe in the promotion of foreign trade in the next stable growth and structural adjustment will be made positive progress in these two areas.

On WTO case , we note that the United States on April 8 on its appeal my rare earth, tungsten , molybdenum WTO Dispute export management measures related to the WTO dispute settlement body appealed , China will be on April 17 is today presented to the WTO dispute settlement body cross appeal. Currently the case is in the trial stage of the Appellate Body , the Chinese side will make every effort to appeals . No matter how the outcome of the appeal , China to protect resources , environmental policy objectives will not change , it will continue to comply with the WTO rules on ways to strengthen the management of resource products , maintain fair competition. Notably , the WTO members to respect the sovereignty of natural resources , accreditation resources , environmental policy objectives , this has been reflected in the report of the Expert Group were . Thank you for your question .

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Rare has introduced Longyan City Industrial Park Project sixteen

Details: Category: Rare Earth News; Published on Thursday, 17 April 2014 17:00; Written by HJF; Hits: 1468

In recent days, Fujian ( Longyan ) rare earth industrial park standard factory lights, in March this year, has just invested 50 million yuan to introduce the production of NdFeB magnets deep processing projects , working overtime to debug production equipment is expected to be formally put into operation this month after commissioning an annual output of 800 tons NdFeB magnets slice , the annual output value of 120 million yuan , taxes of 500 million.

Since last year, Fujian ( Longyan ) Rare Earth Rare Earth Industrial Park to strengthen the application of technology investment in developed countries and regions , focusing on the introduction of large projects to expand the industrial chain extension , a good project , and processed for Shanghai , Zhejiang , Guangdong and other places of rare earth deep Fuan large enterprises stagnation targeted investment to improve the effectiveness. Currently, the park introduced a total contracted 16 projects , of which 14 projects have landed a total investment of 3.964 billion yuan , the production can be expected to achieve annual output value of 8.0 billion yuan.

Now the park has been put into the project has two projects under construction 12 . In addition, the park has been contracted to be settled in two projects , namely, a total investment of 300 million yuan of permanent magnetic materials company Bauhinia 3,000 tons NdFeB sintered permanent magnets projects and a total investment of 200 million yuan project Bauhinia rare earth permanent magnet motors are draft feasibility study report has been completed the project is expected to start construction during the year . In talking about there two "mega " project, a total investment was 1.176 billion yuan in the oil , 50,000 tons of rare earth petroleum cracking catalyst project , and the other is a total investment of 2 billion yuan in Anhui Xin Yi Rare high-speed rail aluminum wire and cable project .

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Smooth continuation of the rare earth market, europium oxide thinly traded

Details: Category: Rare Earth News; Published on Thursday, 17 April 2014 17:01; Written by HJF; Hits: 1377

Today, the rare earth market prices stable , basically no significant change in the quotation of prices , some suppliers reflect praseodymium , neodymium , dysprosium products most two days no price adjustment, but the actual transaction price decreased slightly, the next two days may be further price adjustment. Europium oxide market is now the market is weak, not quote changes , lower actual transaction price . There are still many businesses are now reflected in Ganzhou terbium oxide market supply is tight , the recent downward price not much room .

Europium oxide market traders offer recently with relatively stable firm, higher offer in 4200 yuan / kg or more , but there are also manufacturers and traders to reflect the actual transaction price is very low, according to the manufacturers Ganzhou reflect actual transaction price in 4000-4100 yuan / kg , some traders reflect actual transaction price in the 3800-4000 yuan / kg. Baotou Rare Earth Exchange europium oxide prices have been aquiline , as of today, more than 13-point , europium oxide price displayed is 4756 yuan / kg , compared with the March 28 opening price rises has reached more than 18 % less volume , only 148 kg .

When the Ministry of Commerce held a regular press conference today to talk about the " Chinese rare earth export policy case" statements , China will today propose to the WTO dispute settlement body cross- appeal , the Chinese side will make every effort to appeals . No matter how the outcome of the appeal , China to protect resources , environmental policy objectives will not change . Appeal in favor of stability and boost domestic rare earth market confidence, might be interested in the recent rare earth market restrain prices fall much further effect.

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Ministry of Commerce to talk about rare case: an appeal to mention China today will not change policy objectives

Details: Category: Rare Earth News; Published on Thursday, 17 April 2014 16:58; Written by HJF; Hits: 686

Ministry of Commerce held a regular press conference today to inform our business operation in the first quarter of this year. Ministry of Commerce spokesman Shen Danyang talk about " China's rare earth export policy case" when expressed , April 17 China will solve agencies crossover appeal that China will make every effort to appeal to the WTO dispute work . No matter how the outcome of the appeal , China to protect resources , environmental policy objectives will not change .

March 26 , World Trade Organization (WTO) announced the United States , European Union, Japan v. China rare earths , tungsten, molybdenum export management measures related to the case of the panel report , ruled that the export control measures Chinese products involved violations. April 8 , the United States told me of their rare earths , tungsten, molybdenum WTO Dispute export management measures related to the WTO dispute settlement body appealed.

Shen Danyang introduction, China will on April 17 raised to the WTO Dispute Settlement Body crossover appeal. Currently the case is in the trial stage of the Appellate Body , the Chinese side will make every effort to appeals .

Shen Danyang said that no matter how the outcome of the appeal , Chinese protection of resources , environmental policy objectives will not change , it will continue to comply with WTO rules and ways to strengthen the management of resource products , maintain fair competition. Notably , the WTO members to respect the sovereignty of natural resources , accreditation resources , environmental policy objectives , this has been reflected in the report of the Expert Group were .

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