Published: Nov 15, 2023 11:31
Recently, China Molybdenum Co. stated at a symposium that, in view of the current situation where the proportion of domestic waste batteries entering the "white list" enterprises is less than 25%, and the import of overseas waste batteries and their processing powder is completely prohibited, unable to be recycled, it is proposed to integrate the use of renewable resources and primary resources, build a platform and system for waste battery resource recycling and reuse; incorporate waste batteries into hazardous waste management, implement strict operating permits, and strictly prohibit illegal and illegal recycling and operation; optimize the import management of new energy waste batteries, establish legal regulations, quality supervision measures and management rules for the import of waste battery resources, and at the same time, perfect the identification standards of waste battery powder and customs commodity codes, to ensure the efficient return of overseas resources.

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 for 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
A00 pulls back slightly, aluminum scrap remains stable overall [Aluminum Scrap Daily Review]
2 hours ago
A00 pulls back slightly, aluminum scrap remains stable overall [Aluminum Scrap Daily Review]
Read More
A00 pulls back slightly, aluminum scrap remains stable overall [Aluminum Scrap Daily Review]
A00 pulls back slightly, aluminum scrap remains stable overall [Aluminum Scrap Daily Review]
2 hours ago
[SMM Steel] India Domestic Steel Prices decline
2 hours ago
[SMM Steel] India Domestic Steel Prices decline
Read More
[SMM Steel] India Domestic Steel Prices decline
[SMM Steel] India Domestic Steel Prices decline
[India Domestic] India’s domestic steel market saw mixed price movements on a daily basis with finished steel and semi-finished steel prices moved lower. Alang Melting scrap prices rose by 3.16USD/tonne (300INR/tonne) to 386.83USD/tonne (36,700INR/tonne) ex-yard Alang. 8Ani (12mm) prices unchanged at 443.75USD/tonne (42,100INR/tonne) ex-yard Alang. PDRI sponge iron prices down by 3.16USD/tonne (300INR/tonne) to 313.05USD/tonne (29,700INR/tonne) EXW Bellary. PDRI sponge iron prices down by 2.11USD/tonne (200INR/tonne) to 310.94USD/tonne (29,500INR/tonne) EXW Raipur. Rebar up by 1.05USD/tonne (100INR/tonne) to 525.96USD/tonne (49,900INR/tonne) EXW Mumbai. Raipur rebar down by 5.27USD/tonne (500INR/tonne) to 470.10USD/tonne (44,600INR/tonne) EXW Raipur. Raipur billet down by 4.22USD/tonne (400INR/tonne) to 442.70USD/tonne (42,000INR/tonne) EXW Raipur. Ingot down by 2.11USD/tonne (200INR/tonne) to 488.02USD/tonne (46,300INR/tonne) EXW Mandi.
2 hours ago
India’s Industrial Growth Slows to 6.7% in July, but Steel Demand Remains Supported
3 hours ago
India’s Industrial Growth Slows to 6.7% in July, but Steel Demand Remains Supported
Read More
India’s Industrial Growth Slows to 6.7% in July, but Steel Demand Remains Supported
India’s Industrial Growth Slows to 6.7% in July, but Steel Demand Remains Supported
India’s industrial activity continued to grow in July 2026, with the Index of Industrial Production (IIP) rising 6.7% YoY, compared with 8.8% in June. Although growth slowed, July recorded the second-highest IIP growth since December 2025, showing that industrial activity remained relatively strong. For the domestic steel market, manufacturing, capital goods and infrastructure remain important areas to watch as they are key drivers of steel demand.
3 hours ago