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Obstacles to Lifting Curbs On Chinese Scrap Copper Imports – Antaike

Metal News - Published on Fri, 15 Nov 2019

Image Source: Reuters
China Nonferrous Metals Industry Association’s research arm Antaike that a push to ease restrictions on high quality scrap copper imports into China may run into technical obstacles. Since July, only firms with import quotas have been allowed to bring in scrap copper from overseas, part of a broader curb on waste imports into China linked to environmental concerns. The metals association’s recycling branch said that the industry will submit new standards for high-grade recycled copper and aluminum which would see scrap metal meeting them no longer classed as waste to the Chinese government for approval this month. It said that they will be implemented as early as January 1 and by the second quarter of 2020 at the latest.

Beijing’s ultimate goal is to reduce imports of solid waste to zero by end-2020. With scrap metal accounting for around 10% of China’s total copper consumption last year, the restrictions have led to fears of a shortage.

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Posted By : Rabi Wangkhem on Fri, 15 Nov 2019
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