According to the New York News, traders said, China announced to cancel the part of the aluminum and steel export tax rebate in China, which may make global market demand surge, because producers will try to sell all current stocks before the abolition of the tax rebate policy.

Although the rush to sell may be just under the reaction of consciousness, will not last too long time, but Chinese exports increase may cause uneasy to global supply excess, and it is this overcapacity in the industry for decades cause the most serious crisis.

In addition, if China continued to increase exports volume, would led the global oversupply remained uncertainty for long term to come .