ID:
PW:
VW:
 
 
China's ban on 16 scrap metals, chemical waste likely to have little impact on zinc market
2018-4-20

 

Apr.20 (LTIT) –China will ban imports of 16 more scrap metal and chemical waste products from December 31, 2018, according to release by the Ministry of Ecology and Environment (MEE) on Wednesday April 19. This includes Category Seven copper scrap materials, such as waste electric motors, that account for two-thirds of China's imports of copper scrap. 

 

While the ban could limit the supply of copper scrap, it will have limited impact on China's zinc market. Processors of secondary aluminium will also be less affected as zinc smelters mostly use primary ore instead of scrap as raw materials, and that previous restrictions during the last two years had already cut large amounts zinc and aluminium scrap.

 

The market for stainless steel market will also see little impact as scrap materials have not been imported after restrictions were implemented in 2017.

 

MEE also banned imports of another 16 items of solid waste, effective December 31, 2019. This includes timbre waste and scrap metals such as stainless steel, tungsten and magnesium.

 

Since the 1980s, China began importing solid waste as a source of raw materials. It has grown to become the world's largest importer of recyclable materials. 

 

 
WWW.LINGTONG.INFO is China's most authoritative information provider on non-ferrous scrap metals. Once registered, your account will be available on both Chinese and English websites. More information is waiting for you on www.lingtong.info . Register now for free!
 
2024-4-23
Item
SHFE
Change
Cu
300045
+322
Al
228537
-3228
Zn
131747
+4113
Item
LME
Change
Cu
120600
-600
Al
497300
-2700
Zn
255850
-325
Ni
76878
+1950
2023-5-15
1 USD=
6.7021
Inverse:
0.14921
1 EUR=
7.8800
Inverse:
0.12690
1 GBP=
8.6373
Inverse:
0.11578
1 AUD=
5.2589
Inverse:
0.19015
   
Copyright 2010,lingtong.info,All Right Reserved    Tel+0086-757-85580916    E-mail:info@lingtong.info