China's metal scrap imports hit two-year low in Jan

SHANGHAI, Feb 23 (SMM) – China’s metal scrap imports in January slumped to 490,000 mt, down 25.1% year on year, according to Chinese customs data. This also marked the lowest monthly level since February 2016.

Copper scrap imports stood at 200,000 mt last month, down 27.5% from January 2017. Aluminium scrap imports were 190,000 mt, up 11% year on year, while steel scrap imports were down 52.4% to 100,000 mt, customs data showed. 

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