Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

China has approved its 11th scrap import quota, increasing the country’s permissible limits for copper and aluminum imports this year. 


According to media reports, China has ratified its quotas to increase the import of copper scrap by 14,530mt, while aluminum import quotas have been raised by 2,610mt in this batch. 


Taking these revisions into consideration, China Solid Waste and Chemicals Management has now sanctioned the import of 743,140mt and 697,379mt of copper and aluminum scrap in 2020. 


The Chinese government has also implemented new standards for the minimum tolerable grade and yield of copper and aluminum scrap, which can be imported. These standards will apply to the sanctions in the 11th quota. 

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