China’s nonferrous metals scrap imports slump in Jan-Feb
Source：Mysteel Mar 26, 2020 16:30 See Full-size Table Here
ABSTRACTChina imported 119,520 tonnes of copper scrap during January-February, representing a massive fall of 48.5% on year, as against the 38.4% on-year decline for 2019 full-year imports, Mysteel Global calculated based on the latest data from China’s Administration of Customs.
The imports of aluminum scrap over the first two months of 2020 also slumped by 40.3% on year to reach 122,204 tonnes, the declining pace accelerating compared with the 10.9% year-on-year decrease in total 2019 imports, the statistics showed. The sharp declines in scrap imports did not surprise the market, however.
You May Also Like
- Jan 24 2022 DAILY: China imported iron ore prices ease
- Jan 24 2022 WEEKLY: China's SiMn prices soften before CNY holiday
- Jan 24 2022 WEEKLY: China imported iron ore prices up on firm demand
- Jan 24 2022 WEEKLY: Tangshan mills support billet price before CNY
- Jan 24 2022 WEEKLY: China steel scrap stocks rise but prices firm