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....

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