Latest news on China steel and other commodity markets

China's secondary Cu producers turn cautious on Sep-Oct supply & demand

China's domestic copper scrap supply is expected to decrease by 67,000 tonnes or 16.7% in August compared with July, according to Mysteel's survey. Meanwhile, the price spread between refined copper and copper scrap has kept narrowing since early August, decreasing below the reasonable spread, which

China's Sept copper scrap imports increase sharply driven by domestic demand

According to the statistics of the General Administration of Customs, in September 2022, China's import of copper scrap and fragments was 166,900 tonnes, with an increase of 8.4% month on month and 24.2% year on year. Cumulative import volume from January to September 2022 reached 1,357,200 tonnes,

Aug copper crap import remains high

August China copper scrap import was 154.6 kt, decreasing by 0.3% month on month and increasing by 19.2% year on year. Accumulative import was 1,190.9 kt, increasing by 8.4% year on year.                       Data Source: Customs       August scrap import slightly fell month

China Cu scrap supply tight, new import system delayed

The availability of copper scrap in China’s physical market remains tight, even though the country issued fresh import quotas on August 18, market sources observed on Wednesday. New regulations governing the import of copper scrap should have been in place since July but are delayed, they noted.

China issues new import quotas for metal scrap

China has massively reduced the tonnage of foreign metal scrap it will allow to enter the country under the latest import quota allocation, the tenth awarded so far this year, Mysteel Global notes from a release by China Solid Waste and Chemicals Management, the country’s import window for ferrous a

China’s nonferrous metals scrap imports slump in Jan-Feb

China 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.

China to abolish tariffs on US metal scrap imports

China plans to waive tariffs it imposed on some US-origin goods in response to Washington’s Section 301 tariffs, and metal scrap including copper, aluminum and steel is among the items on the duty exclusion list, according to a February 19 announcement from China’s Ministry of Finance (MoF). However

China slashes Cu, Al scrap import quotas

After being surprisingly generous with its first batch of import quotas for 2020 for copper and aluminum scrap, China has savagely pared back the tonnage allowable in its second round of quotas issued for this year, according to the latest bulletin released on January 8 by China Solid Waste and

China to import more scrap, but tight supplies will stay

China Solid Waste and Chemicals Management, the state conduit regulating the import of waste materials, will allow more non-ferrous metal scrap to be imported starting January 2020, according to the Beijing-based organization’s latest list of companies granted quotas for importing ferrous and non-fe

Beijing permits fewer tonnes under scrap import quotas

China Solid Waste and Chemicals Management, the state conduit regulating the import of waste materials, disclosed the latest list of companies granted quotas for importing ferrous and non-ferrous scrap on November 5, and this time, the tonnage of non-ferrous metal scrap approved for import is much l