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Home / Metal News / China Aluminum Scrap Imports Hit by Intensified Customs Checks, SMM Reports

China Aluminum Scrap Imports Hit by Intensified Customs Checks, SMM Reports

iconJun 13, 2017 16:08
Source: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.

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

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China aluminum scrap imports
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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