Hundreds in dark as China scrap export licenses expire
Dec 31, 2007 | 11:07 AM
| Sean Barry
Hundreds of scrap companies are in the dark over the renewal of Chinese export licenses as authorities have still not confirmed all applications ahead of the end-of-year expiration of the old licenses.
Only between 900 and 1,000 scrap exporters globally have been confirmed by China's General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ), and trade sources said hundreds are still awaiting notification on whether their applications were accepted.
AQSIQ issued more than 3,000 licenses to scrap companies globally when the program was introduced at the beginning of 2005. Those licenses expired Dec. 31.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.