China’s market regulator published new standards for high-grade copper scrap and aluminum scrap metal on Sunday, shedding some light on what material will be allowed into the country from the second half of this year, reported Reuters.
Details of the new standards, which take effect on July 1, have been highly anticipated by metals traders eager to know if they will still be able to ship their scrap into China, the world’s biggest metals consumer, as it bolsters its environmental crackdown on imports of solid waste.
Beijing has set a target of reducing solid waste imports to zero by the end of 2020 but scrap metal meeting the new standards, published by the State Administration for Market Regulation, will be classed as a resource rather than waste.
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