SHANGHAI, Jun. 13 (SMM) – China Customs has intensified checks on scrap imports this year, leading to a significant increase in the number of containers being rejected, SMM learned.
In particular, overseas traders are less willing to export recently, and demand from China has weakened as well.
China Aluminum Inventory Growth to Accelerate, SMM Says
Some Chinese secondary aluminum producers that rely on imported aluminum scrap are seeking domestic raw materials as an alternative, SMM survey found.
Chalco Cuts Aluminum Prices in Major Markets for Three Consecutive Days on June 14
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn