Latest news on China Copper Scrap markets

China's Q4 copper scrap imports may struggle to increase

China's September copper scrap imports reached 184,080 tonnes, rising by 2.6% month on month and by 14.8% year on year, according to the General Administration of Customs of the People's Republic of China (GACC), with January to September's total imports increasing by 1.4% year on year to 1.6989 mil

Industry adjustment hits production at China's secondary copper processors

According to Mysteel, market news suggested that several regions in Jiangxi and Anhui may suspend tax rebates for secondary copper processing enterprises in September, prompting a widespread wait-and-see stance among enterprises. As a result, production in China's secondary copper processing sector

China's copper scrap imports to continue declining

China's March copper scrap imports reached 189,700 tonnes, dropping by 1.9% month on month and by 13.1% year on year, according to the General Administration of Customs of the People's Republic of China (GACC). In the first quarter (Q1) of 2025, China imported 572,300 tonnes of copper scrap, rising

China's copper scrap supply-demand imbalance to worsen in Q2

In the first quarter (Q1) of 2025, China's copper scrap market experienced growth on the supply and demand sides, with prices rising significantly. Throughout the quarter, copper scrap prices fluctuated upwards, and the refined-scrap copper price spread remained volatile within a wide range. China's

China's copper scrap prices remain resilient despite seasonal demand slowdown

The copper scrap market entered a seasonal lull in November, with reduced activity levels. Despite price fluctuations driven by macroeconomic factors, prices declined initially but showed signs of rebounding subsequently. The seasonal downturn has led to a weakening market trend, while copper scrap

China's Oct copper scrap imports to decline due to global tightening supply

In September 2024, China's copper scrap imports experienced month-on-month and year-on-year declines, primarily due to import losses, policy disruptions, and tightening supply. Looking ahead, copper scrap imports are expected to continue the downward trend in October.   China's September copper scra

China copper scrap market following the implementation of Regulation No. 783

Following the implementation of "Regulation No. 783: Fair Competition Review Regulations", China's copper scrap market has been operating cautiously. Copper scrap processing enterprises have adopted various procurement strategies in response. While some adhere to traditional pricing models, others a

China's copper recycling materials imports to rise in Jul-Aug

China imported 169,600 physical tonnes of recycling materials for copper in June 2024, marking a 14.5% decrease month on month and a 0.1% decrease year on year, according to the General Administration of Customs of the People's Republic of China (GACC). In H1 2024, the total import volume was 1.1511

Reverse invoicing and Circular 40 impact analysis on China's copper scrap processors

A tax policy Circular No. 40 announcement for recycling renewable resources, issued at the end of 2021 by the Ministry of Finance and the State Administration of Taxation of the People's Republic of China, officially took effect on March 1, 2022.   This policy allows general taxpayers engaged in ren

China's copper scrap import losses to reduce by mid-late Mar

Recently, there has been a continuous phenomenon of price inversion in China's copper scrap imports, which severely squeezed the profit margins of copper scrap imported enterprises, further diminishing their enthusiasm for import trade. Meanwhile, the copper scrap inventory of traders in Ningbo gene