Four firms approved for copper scrap imports in 14th batch of approvals

SHANGHAI, Jun 19 (SMM) – Some 2,935 mt of copper scrap imports received the green light in the 14th batch of approvals for restricted solid scrap imports, which was released on Tuesday June 19 by the solid waste management centre of China's Ministry of Ecology and Environment.

Four companies involved in copper scrap imports made it to the approved list in this round. Two are located in Foshan, Guangdong province; one in Taizhou, Zhejiang province; and the last one is in Tianjin, SMM learned.

This round's approved volume compared with 2,805 mt of copper scrap imports in the 13th batch of approvals.

The 14th batch brought the total approved copper scrap imports this year to 488,000 mt, down nearly 83.8% from a total of 11 batches last year.

It remains unclear if more approvals will be issued this year.