This website reports: Come from According to a report from the central government’s official website on April 8, On April 8, Premier Li Keqiang presided over an executive meeting of the State Council and decided to carry out a nationwide cleanup and standardization of fees levied on enterprises, reduce the on-grid electricity prices for coal-fired power generation and electricity prices for industrial and commercial users, and appropriately lower the tax rate on iron ore resources in accordance with the law. These multiple measures are aimed at easing the burden on enterprises and supporting the development of the real economy.

To improve the business and operational environment of iron ore enterprises, promote structural adjustments, support the coordinated development and upgrading of upstream and downstream industries, and ensure the security of the nation’s resource supply, the meeting decided that, starting May 1, the rate of the iron ore resource tax will be appropriately reduced in accordance with the law, by 40% of the prescribed tax amount. Collection.

According to evidence Coupon Daily report, April 3: On April 2, international spot iron ore prices fell below $50 per ton, hitting a ten-year low; meanwhile, Chinese iron ore futures have also been declining for six consecutive days. Zhang Lin, an analyst at Lange Steel Network, told a reporter from the Securities Daily: (1) Australia is still undecided on whether to “promote iron ore exports by cutting interest rates,” and it’s indeed very difficult for them to make a decision. (2) “FMG—Australia’s third-largest iron ore exporter—and Rio Tinto—the world’s top three iron ore producers—have expressed two contrasting positions. Specifically, FMG has called for production restrictions, while Rio Tinto CEO Sam Walsh argued that limiting iron ore production would not serve Australia’s national interests, dismissing suggestions that such restrictions could help boost iron ore prices.”

Worth noting is this: Looking back over the past decade-plus of iron ore price fluctuations, overseas capital—whether in the spot market or the futures market, and regardless of whether iron ore prices were rising or falling—has reaped enormous profits. This is a cause for serious vigilance.