China approves larger ninth round of scrap metal import quotas

China has issued its ninth round of scrap metal import quotas for 2020, approving considerably larger volumes than in previous rounds at a time of persisting uncertainty surrounding the country’s move to rename certain non-ferrous scrap metal as renewable materials.

A total of 176,746 tonnes of copper scrap has been approved for import into China in the ninth round of quotas, the China Solid Waste & Chemicals Management Bureau said on Monday July 6.

The latest quota for copper, which is significantly larger than the 1,570 tonnes allowed in the eighth batch, marks the third-largest amount so far this year...

Published

Sally Zhang

July 07, 2020

07:03 GMT

Shanghai