Chinese non-ferrous scrap imports set for 4-month standstill as buyers delay shipments to Feb 2020

摘要

China’s non-ferrous scrap imports will come to a standstill in the next four months, because major buyers have used up their 2019 import quotas and new quotas are unlikely to be granted before the lunar new year in late January, industry sources have said. Major Chinese non-ferrous importers have delayed further purchases of copper and aluminium scrap to February next year because they were worried about not receiving import permits.