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In 2018, the first five batches of scrap seven types of copper import approval were announced

 Last Update: 2022-12-08
 Source: Internet
 Author: User

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On January 31, 2018, the Solid Waste Management Center of the Ministry of Environmental Protection published the detailed list of applications for restricted imports approved in the fifth batch of 2018, including chemicals, beverage bottles, waste paper, waste ships, etc
.
The copper industry is more concerned about the import of scrap seven types of copper, and there are only two companies in this import, namely Taishan Xingbao Metal Plastics Co.
, Ltd.
and Guangxi Jiahe Shengde Golden Sun Renewable Resources Co.
, Ltd.
(Wuzhou Processing Park).

The approved import volume was 870 tons and 2,600 tons respectively, totaling 3,470 tons
.

Scrap seven types of copper

The fifth batch of approvals decreased by 93.
5% compared with the 54,000 tons approved in the fifth batch in 2017, while the total number of import approvals for the first five batches of restricted copper scrap this year totaled 184,000 tons, which was a significant decrease from the total amount of 2.
704 million tons of restricted copper scrap import approvals in the first five batches of 2017, and the tightening of scrap copper import policies was obvious
.

Customs data showed that 3.
56 million tons of copper scrap were imported in 2017, an increase of only 6.
24%
over 2016.
As copper prices were in a bull market in 2017, the price advantage of copper scrap was prominent, and the trend of decreasing copper imports since 2012 was reversed
.
Due to the tightening of the scrap import policy, the cumulative year-on-year decline in November 2017 fell to 9.
09%, and then fell to 6.
24%
in December.

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