China has approved a new quota for approximately 26,560 tonnes of high grade copper, aluminum and ferrous scrap imports for delivery in 2020.
It is the second quota round issued for 2020 following a larger quota issued in December.
The new quota for copper scrap totaled 26,000 tonnes. Of this 5,050 tonnes was allocated to the port of Tianjin, 7,576 to the Shanghai-Ningbo region and 4,110 to multiple ports in southern China.
The aluminum scrap quota totaled 7,544 tonnes, with 3,090 going to Nanhai in southern China, 174 going to Ningbo, 1,030 to Dalian and 100 to Tianjin.
The ferrous scrap quota amounted to 2,280 tonnes.
The total Chinese scrap import quota currently approved for 2020 is 582,740 tonnes, of which copper accounts for 296,421, aluminum 283,041 and ferrous 2,280.
Published in the February 2020 Edition