NEWSBREAK: China to release new standards for steel scrap imports by end of year

China will release new standards for steel scrap imports by the end of 2020, the National Standard Formation Committee said at a recycled raw materials conference in Shanghai.

The new standards will support the rising demand for ferrous scrap in China and will introduce the nationwide classification and regulation of high-quality scrap, according to the China Metallurgical Information & Standardization Research Institute.
The rules will restrict imports of low-quality scrap with dangerous materials and pollutants, the institute said at the conference on Tuesday October 13.
The Chinese authorities started clamping down on imports of ferrous scrap in 2019 amid a drive to cut pollution levels and raise domestic scrap consumption.

China has since allocated tiny monthly import licenses for steel scrap, with September's quota at just 2,610 tonnes, bringing the...

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