China Plans Six to Eight New Scrap Copper Plant

Bloomberg reports that China intends to open six to eight new scrap copper plants each with an annual capacity of 200,000 tonnes.

The market news is quoted as saying:

China’s scrap metals recycling industry however is marred by inefficiency and environmental issues, though Ma said over the next few years China aims for consolidation and improving technology through research and development.

Click here to access the entire news