China has issued its ninth round of scrap metal import quotas for 2020, approving considerably larger volumes than in previous rounds at a time of persisting uncertainty surrounding the country's move to rename certain non-ferrous scrap metal as renewable materials.
A total of 176,746 tonnes of copper scrap has been approved for import into China in the ninth round of quotas, the China Solid Waste & Chemicals Management Bureau said on Monday July 6.The latest quota for copper, which is significantly larger than the 1,570 tonnes allowed in the eighth batch, marks the third-largest amount so far this year...