China’s copper scrap supply pressure eases

Oct 28, 2013 | 10:02 AM |

Tags  China scrap, copper scrap, Operation Green Fence, scrap imports, Chinese customs, scrap supply

SHANGHAI — A tightness in China’s copper scrap supply is gradually alleviating in the fourth quarter, supported by a steady rise in imports as customs checks ease.

Copper scrap imports rose to 394,585 tonnes in September, the highest monthly level thus far this year and the third straight month of increases, according to preliminary customs data. The volume was also 3.3 percent higher than August, but was still down 14 percent year on year.....

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