Market: [China’s Scrap Aluminum Procurement Volume Increased by 131% Month on Month in March] In March, scrap aluminum procurement volume of China’s recycling aluminum alloy manufacturers was about 333,000 tons, an increase of about 131% month on month, an increase of about 3.7% year on year. CMRA Works: [2019 China Recycling Copper Metal Industry Chain Forum] In April…
CMRA News Express-March
Market: [The Approval Quota of 1st-4th Restricted Solid Waste of Scrap Aluminium in 2019 was 0] According to data from the Solid Waste and Chemicals Management Technology Center of the Ministry of Environmental Protection, in the approval of 1st-4th restricted solid waste in 2019, the quota of scrap aluminium was 0, the quota of waste…
Policy Update in April
[Adjustment of import management policy of scrap metal such as copper scrap] 8 varieties of solid waste, such as copper scrap, aluminum scrap, etc. , are adjusted to Catalogue of Solid Waste Restricted to import as raw material, and the import approval system will be implemented. The application and approval of the solid waste import license will be strictly approved…
Policy Update in March
[Premier Li Keqiang: China will Cut Taxes and Administrative Fees in 2019] In response to reporter’s question about measures related to cut taxes and administrative fees this year, Premier Li Keqiang said that China will cut value-added tax rates from April 1st, and cut social security premium rates from May 1st. [Ministry of Industry and…
Policy Update in February
[Ministry of Industry and Information Technology: Advanced Nonferrous Metals Industry Cluster Will Be Built in 2019] In its key works of 2019, MIIT mentioned that it will develop guidelines for the construction of nonferrous metals intelligent mines and factories to guide the construction of intelligent standardization of the industry. Around the green manufacturing weakness of traditional industries such as copper,…
Policy Update in January
[Notice 2, 2019 Customs on 2nd List of PSI Agencies] GACC published the second list of approved pre-shipment inspection agencies for imported solid waste as raw materials. [Notice on Promoting the Industry Clusters Development of Comprehensive Utilization of Bulk Solid Waste, by the General Office of NDRC and MIIT] The government will explore and construct a…
CMRA News Express-February
Market: [Imports Reduced but the Recycling of Scrap Copper and Scrap Aluminium Increased] Although imports of scrap metal decreased sharply, the recycling of scrap aluminium and scrap copper in China increased in 2018 comparing with the year earlier. China recycled 5.1 million tons of scrap aluminium in 2018, which is an increase of 1% from 5.05…
CMRA News Express-January
Market: [The Approval Quota of 1st Restricted Solid Waste of Scrap Aluminium in 2019 was 0] According to data from the Solid Waste and Chemicals Management Technology Center of the Ministry of Environmental Protection, in the approval of 1st restricted solid waste in 2019, the quota of scrap aluminium was 0. [Tariffs on Imports of…