China policy restricts copper scrap imports

China policy restricts copper scrap imports
<![CDATA[

China plans to only permit 240,429 metric tons of copper scrap imports in the entire third quarter of 2019, as stated on an official list of Chinese importers granted import quotas. 

The Bureau of International Recycling (BIR), Brussels, reports that the list was compiled and released by the center of China Solid Waste and Chemicals Management under the Ministry of Environmental Protection. The list also includes aluminum and ferrous scrap importers, but most of those quotas granted are for copper scrap. 

This new announcement on the copper scrap import quota represents the amount of high-quality scrap—both No. 1 and No. 2, including birch, cliff, candy and mill berry—that will be allowed into the country. Up until July, China’s Category 6 copper scrap importers had not been confined by any quotas. 

In 2018, China imported a total of 2.4 million metric tons of copper scrap, according to customs data, which equates to a quarterly average of about 600,000 metric tons of copper scrap. The third-quarter 2019 import quota of 240,429 metric tons represents only about 40 percent of the quarterly average import volume of 2018, BIR reports in a news release.

]]>
Source: Recycling Today
China policy restricts copper scrap imports
<![CDATA[China plans to only permit 240,429 metric tons of copper scrap imports in the entire third quarter of 2019, as stated on an official list of Chinese importers granted import quotas. The Bureau of International Recycling (BIR), Brussels, reports that the list was compiled and released by the center of China Solid Waste and Chemicals Management under the Ministry of Environmental Protection. The list also includes aluminum and ferrous scrap importers, but most of those quotas granted are for copper scrap. This new announcement on the copper scrap import quota represents the amount of high-quality scrap—both No. 1 and No. 2, including birch, cliff, candy and mill berry—that will be allowed into the country. Up until July, China’s Category 6 copper scrap importers had not been confined by any quotas. In 2018, China imported a total of 2.4 million metric tons of copper scrap, according to customs data, which equates to a quarterly average of about 600,000 metric tons of copper scrap. The third-quarter 2019 import quota of 240,429 metric tons represents only about 40 percent of the quarterly average import volume of 2018, BIR reports in a news release.]]>