Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

China’s Solid Waste and Chemicals Management Bureau approved a new tranche of scrap imports into the country on Wednesday, according to the Bureau of International Recycling. 


The new batch of approvals includes 136,335mt of copper scrap, 121,285mt of aluminum scrap, and 2,610mt of ferrous scrap, to be imported by companies in the Chinese market. Altogether, the Chinese Bureau respectively approved 879,475mt, 818,664mt, and 23,110mt of copper, aluminum and ferrous scrap in 2020. 


According to media reports, China also announced plans to ban solid waste imports, including metals, beginning Jan 1, 2021. It also laid out certain standards for copper scrap grades, which can be imported for recycling. 

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