
Proposed chrome export tax: Report highlights the risks and pitfalls
4 November 2020
Genesis in the news | Ed Stoddard
The proposed tax, which was announced in a Cabinet statement on 21 October, took the industry by surprise. Ostensibly, it is aimed at supporting “domestic ferrochrome production and its chrome value chain sector”. Ferrochrome is processed from chrome ore and is a key ingredient in the production of stainless steel.
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