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China Armco Metals, Inc. Common Message Board

  • noonespecialjustme1234 noonespecialjustme1234 Jan 30, 2013 8:01 AM Flag

    More Good News on CNAM web...

    "China reportedly to reintroduce VAT refunds for scrap processing firms

    An official from a large Chinese steel scrap processing enterprise has stated that they have received information that the Chinese government will reintroduce a VAT refund policy for domestic steel scrap processing enterprises for 2013, with a VAT refund rate of 50 percent – as reported by Chinese media sources."

    Sentiment: Strong Buy