Exporters seeing rise in scrap thefts
May 21, 2013 | 02:02 PM
| Nathan Laliberte
NEW YORK Shippers of raw materials have seen a dramatic increase in thefts from containers in China, an indirect result of the countrys Operation Green Fence crackdown on scrap imports.
Several exporters indicated that as China steps up inspections of scrap imports, customs officials are putting "knock-off" locking devices on containers following an inspection, compromising the integrity of the loads.
"You go through all the trouble to secure a load, and customs decides they want to look in the container and then put a really cheap seal back on," one exporter told AMM. "Its frustrating because it eliminates the precautions that we have put in place."....
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