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China lifts import ban on scrap metals as coronavirus recovery heaps pressure on domestic metal supply

Summary:
[unable to retrieve full-text content]China has lifted its import ban on some high-quality scrap metals after several years of restrictions, indicating a move towards more recycling to meet a shortage of raw materials caused by the country’s strong economic recovery.The increase in metal scrap imports will relieve pressure on domestic supplies and cut raw material prices that have been driven up by domestic demand. It will also help reduce emissions caused by mining.On Monday, the Ministry of Ecology and Environment relaxed import…

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[unable to retrieve full-text content]
China has lifted its import ban on some high-quality scrap metals after several years of restrictions, indicating a move towards more recycling to meet a shortage of raw materials caused by the country’s strong economic recovery.The increase in metal scrap imports will relieve pressure on domestic supplies and cut raw material prices that have been driven up by domestic demand. It will also help reduce emissions caused by mining.On Monday, the Ministry of Ecology and Environment relaxed import…

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