Scrap imports drop in China in early 2018….
January 2018 sees 27 percent drop in copper scrap imported compared with January 2017.
February 23, 2018
Statistics from China’s General Administration of Customs (GAC) are pointing to substantial drops in imported scrap volumes in January 2018 compared with previous months and years.
Scrap metal shipments into China fell to 490,000 metric tons in January 2018 compared with a volume of 700,000 metric tons the previous month and 660,000 metric tons in January 2017, according to an online report from Reuters.