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Monday, 9 March 2020

China issues additional import quotas

China issues additional import quotas

An additional 3,520 metric tons of copper scrap, 100 metric tons of aluminum scrap, 170 metric tons of steel scrap and 6,460 metric tons of paper scrap have been permitted to enter the country.
March 9, 2020

The Bureau of International Recycling, Brussels, has alerted its members that the Solid Waste & Chemicals Management Centre of the Ministry of Ecology and Environment of the People's Republic of China published its fourth batch of scrap import quotas for 2020 March 7. The original list has been published in Chinese.
According to the Solid Waste and Chemical Management Centre, this fourth batch allows 3,520 metric tons of copper scrap, 100 metric tons of aluminum scrap, 170 metric tons of steel scrap and 6,460 metric tons of paper scrap to enter China.
China-based Shanghai Metals Market (SMM) reports that 305,640 metric tons of copper scrap imports have been approved to date in 2020, accounting for 54.5 percent of the total 15 batches of import quotas in 2019, which totaled 560,600 metric tons.
To date, 284,549 metric tons of aluminum scrap imports have been permitted, while 5,120 metric tons of ferrous scrap and nearly 3.22 million metric tons of recovered fiber imports have been permitted.

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