Chinese copper importers have continued to favor top quality copper scrap this month to avoid the rejection risk under a new import policy of birch/cliff cargoes, which are traditionally more popular in the country, market sources said.
"We prefer buying No 1 recyclable copper material because it does not encounter any problems for custom clearance," a Ningbo-based copper importer told Fastmarkets. "But now the No 1 material is becoming expensive.""Copper granules and millberry of shiny, metallic...