Industry News

China aims to improve industry competitiveness with recycled aluminium and copper import rules

Views : 25
Update time : 2024-07-12 09:22:31

The Ministry of Ecology and Environment (MEE) of China has unveiled draft regulations to facilitate the importation of recycled aluminium and copper, aiming to enhance supply and bolster industry competitiveness.

China, the leading global producer and consumer of metals, is intensifying its efforts to use more recycled materials. This initiative is part of a broader strategy to reduce carbon emissions from its energy-intensive industries while preventing the nation from becoming a repository for international waste.

According to a notice issued by the MEE, raw materials for recycled copper, copper alloy, aluminium, and aluminium alloy will no longer be classified as solid waste. This reclassification means these materials can be imported without restrictions, marking a significant shift in China’s import policies. The ministry is currently seeking market feedback on the proposed changes.

The move underscores China’s commitment to fostering a more sustainable and environmentally friendly industrial sector. By encouraging the use of recycled metals, the country aims to mitigate the environmental impact of its industrial activities while maintaining its competitive edge in the global metals market.

Related News
Read More >>
Taiwan's stainless steel downstream manufacturers believe prices to be flat for Oct Taiwan's stainless steel downstream manufacturers believe prices to be flat for Oct
Sep .27.2024
Taiwan's stainless steel downstream manufacturers believe prices to be flat for Oct
Hindalco denies news about solar module manufacturing Hindalco denies news about solar module manufacturing
Sep .27.2024
Hindalco denies news about solar module manufacturing
LME nickel price hits monthly high, boosted by expected Fed’s rate cut LME nickel price hits monthly high, boosted by expected Fed’s rate cut
Sep .27.2024
LME nickel price hits monthly high, boosted by expected Fed’s rate cut
China's duplex stainless steel industry growing China's duplex stainless steel industry growing
Sep .27.2024
China's duplex stainless steel industry growing