Standard adjustment of export tax rebate for tungsten steel

Tungsten is a silvery white lustrous metal. Because of its high melting point and high hardness, it is mainly used for cutting alloy steel and superhard mould in industry. Therefore, it is called "industrial tooth". About 47% of tungsten is used to produce carbide tungsten steel blade. The end of cemented carbide tungsten steel blade mainly comes from cutting things and mining things. In cutting things, cemented carbide is mainly used as tool data, such as turning tool, milling cutter, planer and bit number. Cutting processing is mainly realized by machine tools. In terms of mining East and West, cemented tungsten steel blade is mainly used for rock drilling, mining and drilling. It is estimated that in the next five years, China's CNC machine tools will maintain a growth rate of 30%. Cemented carbide in the East and west of geological mines is also expected to increase by 30% in the next few years. According to the annual composite growth rate of tungsten in cemented carbide, it is estimated that the tungsten used in cemented carbide will reach 63100 tons in 2016.            With the approval of the State Council, the Ministry of Finance and the State Administration of Taxation announced the notice on improving the export tax rebate rate of some commodities, and appropriately raised the export tax rebate rates for some labor-intensive, high-tech and high-value-added commodities. China implements the new export tax rebate standard, during which there is only one kind of commodity related to the occupation of machine tool, namely, CNC machine tool cemented carbide tool. The detailed name is carbide made metalworking machine knife and tungsten steel blade (for metal processing), commodity code 8208101000, and the tax rebate rate has increased to 11%.            Industry insiders have pointed out that tungsten steel blade industry has been encouraging the production of carbide cutting tools and the progress of export tax rebate standards for many years. It indicates that the support of the state is a policy measure to improve the export competitiveness of the company and support the company to expand its export on the basis of expanding domestic demand, which is conducive to promoting the steady and rapid development of the national economy.            Over the years, we have been encouraging the production of tungsten steel blade with cemented carbide. The progress of export tax rebate standard indicates the support of the state. China's tungsten steel blade production mainly in two kinds of commodities, namely high-speed steel and carbide tungsten steel blade. Because the production of high-speed steel tools consumes a lot of capital, and the commodity grade is low and the quotation is low, the occupation is not encouraged. However, due to the needs of the domestic machinery manufacturing profession and the lack of technology transformation of domestic cutting tool companies, most of the domestic cutting tool companies still mainly produce such tools, and the export volume is also large. Last year, China exported 800 million U.S. dollars of tungsten steel blades, most of which were high-speed steel raw materials. Together, the export distribution of this kind of commodity is also a factor causing international trade friction. Although the United States, Germany and other developed countries have not had a significant response to China's cutting tools, Spain and some countries in South America have all experienced resistance. As a result, the East and West Branch has repeatedly called for the reduction of the export of high-speed steel cutting tools, but the current occupational status has not changed significantly. This time, Luo Baihui indicated that he hoped to encourage the production and export of this kind of products in view of the adjustment of the export tax rebate standard for cemented carbide tungsten steel blades.            Since the beginning of this year, the domestic economic situation has changed, and the professional situation has also been reversed. Domestic East-West companies will face more fierce competition. Because the market share of domestic high-speed and high-efficiency cutting tools is only 10%, so for domestic cutting tool companies, their greater competition comes from foreign counterparts, such as Sandvik, Kenner and Shanda.            These foreign companies not only set up sales outlets in China, but also directly invested in the construction of factories, aiming their products directly at the domestic high-end users, forming a great pressure on domestic companies. Since this year, there has been a decline in automobile production and a decline in tungsten steel blade products. It is estimated that this industry will be transferred to tungsten steel blade industry in 2013.