“Today is the last day of June and nothing new on customs codes and inspection procedures has been released from Chinese customs yet,” an industry source said.
The source added that it is unlikely China will meet the schedule
to start trading copper and aluminium scrap metal as renewable materials on Wednesday July 1.
A market participant, after speaking to an inspection official, concluded: “I think no one knows what’s actually going to happen until it happens.”
Currently, copper, brass and...