Latest Update in the China Copper Scrap Market

The Linyi East China Nonferrous Metals City in Shandong province saw a total aluminium scrap flow of 10,625.44 mt, a decrease of 1760.59 tons or 14.21% compared with the previous week.

It is expected that secondary aluminium operating rates will rise in the month, but be lower than the same period last year.

SHANGHAI, Apr 28 (SMM) - In order to strengthen the guarantee of energy supply and promote high-quality development, the Customs Tariff Commission of the State Council has decided in accordance with procedures that from May 1, 2022 to March 31, 2023, a provisional import tax rate of zero will be imposed on coal.

SHANGHAI, Apr 22 - On April 22, Yi Gang, Governor of the People's Bank of China, attended the sub-forum on "Global Inflation, Interest Rate Hike Tide and Economic Stability" at the Boao Forum for Asia Annual Conference 2022 and delivered a keynote speech.

SHANGHAI, Apr 20 (SMM) - Australian coal giant Whitehaven believes the rise in coal prices should extend into next year as the Russia-Ukraine conflict has caused delays and disruptions to the global coal trade.

The new value-added tax (VAT) policy took effect from March 1, 2022. Under the new tax law, waste utilisation companies need to pay an extra 3% VAT on raw materials than before...

SHANGHAI, Mar 25 (SMM) - The International Energy Agency (IEA) held a ministerial meeting to formally approve the release of 60 million barrels of oil reserves.

SHANGHAI, Mar 24 (SMM) - Some areas in Jiangxi, home to China’s secondary copper rod makers, has been categorised as medium-to-high risks areas of COVID.