China's market regulator published new standards for high-grade copper scra...
FILE PHOTO: A worker naps in front of a scrap metal dump site at a import dock in Taizhou, Zhejiang province, November 27, 2008. China Daily via Reuters/File Photo
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. The new standards set minimum copper contents ranging from 99.9% for types of scrap including bare bright copper wire, commonly known as “barley” under Institute of Scrap Recycling Industries specifications, down to 94% for No. 3 copper scrap nodules.
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