Chinese scrap metal imports down sharply by 25% YOY in January 2018
2018-02-24 15:36:20 [Print]
According to the statistics of China's General Administration of Customs, Chinese scrap metal imports in January 2018 were 490,000t, the lowest since February 2016, down by 25.1% YOY. In particular, China's imports of copper scrap in January were 200,000t, down by 27.5% YOY; those for aluminum scrap were 190,000t, up by 11% YOY; those for steel scrap were 100,000t, down by 52.4% YOY. January is the first full month since Chinese government implemented the new rules on the import of overseas scrap materials.
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