China

China Sets Fourth-Quarter Aluminium Scrap Import Quota At 306,930 Metric Tons

China Sets Fourth-Quarter Aluminium Scrap Import Quota At 306,930 Metric Tons

Beijing issued scrap metal import quotas for the third quarter on Wednesday, with increases in allowed tonnage for aluminium, copper, and ferrous scrap for the period. In the third quarter, China Solid Waste and Chemicals Management will allow 436,930 metric tons of...

Events

China Releases Strict Aluminium Scrap Import Quotas For Third Quarter

The government of the People’s Republic of China issued the first round of aluminium scrap import quotas earlier this week. The quotas, which are set to go into effect on July 1, will see a drop in aluminium scrap shipped into Chinese ports of almost 85 percent. As of July 1, aluminium scrap imported into […]

Baosteel To Build Aluminium Test Project In Henan Province

China’s Henan province will be the home of an aluminium test project operated by Baoshan Iron and Steel Co Ltd (Baosteel) later next year according to the local authorities at the planned plant’s location. The Sanmenxia City Urban and Rural Integration Demonstration Zone said in a press release that the initial phase of the project […]

Smelter Restarts Push China’s May Aluminium Production Up By 2.1 Percent

Aluminium smelter restarts and a recovery in prices helped drive up China’s output last month, pushing production up by 2.4 percent on the year. Such was the story told by numbers released by the National Bureau of Statistics (NBS) on Friday. May saw 2.98 million metric tons of aluminium roll out of Chinese smelters, up […]

Sources Say China’s Ban On Imported Scrap Aluminium Likely To Gut Alloy Exports

A restriction upon imported aluminium scrap that is scheduled to go into effect next month is expected to raise production costs for secondary aluminium smelters in the People’s Republic of China, which experts say may close the price gap between Chinese aluminium alloy exports and their less competitive rivals abroad. As of July 1, Beijing […]

May’s Rise In Aluminium Exports From China Boosted Prices Above Multi-Year Low

Data released by the government of the People’s Republic of China yesterday showed a surge in exports last month, leading to concerns of oversupply among market participants as well as a rebound from multi-year low prices. Numbers released by Beijing showed a month-on-month rise in exports last month of 7.6 percent to 536 thousand metric […]