Global refined Zinc output rises 1.5% to 1.175 mn tons in April: ILZSG

[SMM Analysis: South Korea Plans Tighter Copper Scrap Export Declarations—Could Asian Trade Flows Shift?] South Korea plans to require export declarations for ferrous and non-ferrous scrap from 2027. The move targets misdeclaration rather than restricting legal trade. With China, Malaysia and Thailand taking 95.86% of 2025 exports, impacts should be limited for compliant high-grade cargoes but greater for mixed and complex scrap.

[SMM Analysis: South Korea Intends to Tighten Export Declaration for Copper Scrap; Will Asia's Copper Scrap Trade Flows Change?] In mid-July, South Korea's Ministry of Climate, Energy and Environment released a notice on cross-border waste management, proposing to include steel scrap and non-ferrous metal scrap, previously exempt from declaration, into the scope of export declaration. The South Korean government is pushing this adjustment mainly to crack down on the misdeclaration of valuable scrap for export. Previously, there had been multiple instances in the market where high-value resources such as electronic waste and copper scrap were declared as ordinary steel scrap before export. South Korean authorities specifically mentioned a case in August 2024 in which copper scrap was falsely declared as steel scrap and smuggled for export to China.

Tabel berikut menunjukkan pergerakan logam besi dan non-besi di SHFE dan DCE pada 29 Juli 2026.