Virus hits Chinese non-ferrous scrap processors hard; capacity in half - CMRA

Chinese non-ferrous scrap processors have halved their operation capacity while demand for copper semi-finished products, auto parts and battery waned following the coronavirus (2019-nCoV) outbreak for the first quarter, according to an industry briefing on scrap metal.

Chinese aluminium and lead scrap processors were operating at only 40-50% of full capacity as of March 17 amid declining orders and the coronavirus outbreak, Wang Ji-Wei, secretary general of Chinese Nonferrous Metals Industry Association’s recycling branch said on Friday March 20.

The drop in operating capacity is tied directly to...

Published

Julian Luk

March 20, 2020

14:00 GMT

London