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Home / Metal News / Copper Scrap Imports to Shrink in Q4 as China Recalls Approval for “Category 7” Scrap Imports, SMM Reports

Copper Scrap Imports to Shrink in Q4 as China Recalls Approval for “Category 7” Scrap Imports, SMM Reports

Sep 19, 2017 11:39

Source:SMM

China’s copper scrap imports will shrink in Q4 due to withdrawal of environmental protection approval for “category 7” scrap imports, SMM predicts.

SHANGHAI, Sept. 19 (SMM) – China’s copper scrap imports will shrink in Q4 due to withdrawal of environmental protection approval for “category 7” scrap imports, SMM predicts.

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The Ministry of Environmental Protection began to withdraw its environmental protection approval for “category 7” scrap recently in Guangdong, Tianjin, Zhejiang and Jiangxi, SMM understands.

Copper Consumption to Grow as New Energy Vehicle Booms

Such approvals for about 40,000 tonnes of scrap were recalled. China will halt the issue of new environmental protection approvals from September.

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Copper Scrap Imports to Shrink in Q4 as China Recalls Approval for “Category 7” Scrap Imports, SMM Reports

SMM Events & Webinars

APAC (9th) Stainless Steel Industry Conference 2024

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