China's new rules may be altering global scrap metal trade
With China shaking up the way the world ships its scrap metal by limiting the amount it will take, concerns have emerged in the market about how the industry's dynamics may have changed for good. China started to look at bans on imports of waste in July 2017, and from January this year it banned mixed metal scrap imports in a move to promote the conversion of local waste and scrap into recycled materials.