China canceled this week tax rebates  for  refined  copper, scrap nickel, refined lead, zinc, tin and tungsten exports, according to the Ministry of Commerce (MOFCOM).

The reduction  was  put  in  place  on  September  15 but the government released the details of the rebates late Wednesday. The move is meant to help keep  metal  products  in  the  country  and  help  control  excess expansion.

The government canceled export tax rebates for refined copper, unwrought copper, copper alloy, and copper alloy fines. Those products' export tax rebates were previously set at 5%.

In addition,  the  government  also  cancelled tax rebates on exports of scrap nickel,  aluminum  fines,  lead,  zinc, tin, tungsten, molybdenum, magnesium,  sponge  titanium,  cobalt,  antimony,  zirconium, beryllium, cadmium and chromium.

China previously  imposed  a  5% export tax rebate for zinc and tin, and 13% export tax rebate for lead.

The policy  said  primary  nonferrous metal products that have no export tax rebates are not allowed to be imported for tolling.