China Armco Metals awaits license for importing scrap

Oct 10, 2012 | 10:57 AM | None

Tags  China Armco Metals, Kexuan Yao, scrap import license, ferrous scrap, recycler

SHANGHAI — China Armco Metals Inc. has applied for a certificate to import scrap directly into China from overseas suppliers.

The metal ore trader and recycler currently pays 100 to 200 yuan ($16 to $32) per tonne to an agent for importing and processing overseas scrap, a company source told AMM sister publication Steel First.....

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