Approved copper scrap imports at new high in 10th batch of approvals

Published: Apr 17, 2018 17:19

Save

Approval for copper scrap imports in the 10th batch of approvals for restricted solid scrap material imports stood at the highest levels among the ten batches this year

SHANGHAI, Apr 17 (SMM) – Approval for copper scrap imports in the 10th batch of approvals for restricted solid scrap material imports stood at the highest levels among the ten batches this year, with some 125,700 mt of copper scrap approved, SMM learned.

In the 10th batch of approvals released on Monday April 16, 45 companies received approval to import copper scrap. One enterprise is in Shandong province while the rest are in Taizhou and Ningbo.

The overall approved copper scrap imports in the 10 batches amounted to 463,600 mt, down 84% from the same number of batches in 2017.

For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn

copper scrap imports

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 mins ago

Operating Rates Rebounded as Expected, but New Orders Showed Divergence [SMM Enamelled Wire Market Weekly Review]

Supported by a relatively large volume of orders taken last week and a full production schedule, the operating rate of the enamelled wire industry increased WoW this week (March 6–March 12).....

3 mins ago

31 mins ago

Workers Plan Strike at Glencore Copper Refinery in Australia

Workers at Glencore’s Townsville copper refinery in Queensland are planning a strike after nearly a year of unsuccessful wage negotiations. The industrial action could disrupt refinery operations and affect copper supply chains. Analysts say labor disputes add further uncertainty to the global copper market.

31 mins ago

33 mins ago

Peru Approves Environmental Study for $3.4B Trapiche Copper Project

Peru has approved the environmental study for Buenaventura’s Trapiche copper project, which involves an estimated $3.4 billion investment. The project represents one of the country’s major upcoming copper developments. Analysts say it could strengthen Peru’s role as a key global copper supplier.

33 mins ago