China’s copper scrap imports drop 35% in Jul

SHANGHAI, Sep 20 (SMM) – About 97,822 mt of copper was imported to China in the form of copper scrap in July, the first month after restrictions on Category Six scrap imports took effect, showed SMM calculations based on Customs data.

This was down 34.92% from June and 11.14% from July 2018.

China’s imports of copper scrap dropped 45.11% year on year to 127,529 mt in July, with an average copper grade of 76.71%.

Copper scrap imports in the first seven months of 2019 contained 829,682 mt of copper, up 12.76%, or 94,000 mt from the same period a year earlier.