China to revamp secondary metals industry

Nov 16, 2005 | 08:44 AM | Kevin Foster

China is likely to introduce minimum size requirements for new secondary metal smelters as it seeks to consolidate the industry, a leading industry executive said.

"The government has finally realized that there are too many small companies who are disturbing the market and creating environmental problems, so when they approve a new project it will need to be of a minimum size," said Tony Huang, vice chairman of the China Nonferrous Metals Association....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events