SHANGHAI, Mar. 23 (SMM) - The 12th Shanghai Copper & Aluminum Summit 2017, organized by SMM and Shanghai Nonferrous Metals Association, is opening in Shanghai, China from March 23-24, 2017.
Collections of Stories in Base Metal Market at SMM 2017 Copper&Aluminum Summit
Li Shilong, Vice President of China Nonferrous Metals Industry Association Recycling Metal Branch (CMRA), indicated on the Summit that construction and transportation industries are major sources of aluminum scrap in China.
As 1.5 kg of aluminum can be recycled per square meter, 525 million kg of aluminum can be recycled from construction industry every year with floor area at 350 million square meters.
China’s penetration of motor vehicles was 290 million sets as of late 2016 with auto penetration at 194 million sets. As 250 kg of aluminum can be recycled per vehicle, there will be 100 million tonnes of aluminum can be recycled from construction industry in 2030.
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