Scrap Monster
Vulcan
Metal Recycling News May 20, 2020 11:30:38 AM

China Approves Seventh Batch of Scrap Import Quotas

Paul Ploumis
ScrapMonster Author
The seventh batch granted permits to 14 companies to import copper scrap.

China Approves Seventh Batch of Scrap Import Quotas

SEATTLE (Scrap Monster): The Chinese Solid Waste & Chemicals Management Center of the Ministry of Ecology and Environment announced publication of seventh batch of scrap import quotas for the year on 18th May, 2020, said the latest Bureau of International Recycling (BIR) notification.

The most recent batch of import quotas allows for imports of 10,423 metric tons of copper scrap, 1,480 metric tons of aluminum scrap, 310 metric tons of steel scrap and 55,810 metric tons of paper scrap into the country. The quotas for copper and aluminium scrap recorded notable increase, whereas those of steel scrap and paper scrap declined, when compared with the previous batch. It must be noted that the sixth batch had permitted 2,150 metric tons of copper scrap, 1,030 metric tons of aluminum scrap, 1,510 metric tons of steel scrap and 124,080 metric tons of paper scrap to enter the country.

ALSO READ: Global Scrap Trade a Mixed Bag at the Start of 2020

The seventh batch granted permits to 14 companies to import copper scrap. Aluminium and recovered fiber import permits were granted to four and eight companies respectively. Also, one company received ferrous scrap import permit.

With this, the permitted import volumes for 2020 totalled 540,184 metric tons of copper, 478,159 metric tons of aluminum, 11,540 metric tons of steel scrap and nearly 4.57 million metric tons of recovered fiber.

SM Newsletter
Subscribe to SM mailing list and get updates to your inbox
Facebook Twitter Linkedin Instagram