China will lift restrictions on the import of scrap metal from 2021

The State Administration for Market Regulation (SAMR) of China has approved the national standard GB /T39733-2020 for recycled steel raw materials, which will be officially implemented on January 1, 2021.

The new standard is applicable to the processing of domestic steel raw materials. materials and imports of recycled steel raw materials that meet international standards, which will ensure the quality development of China’s steel industry.

In addition, the implementation of this new standard could stimulate imports of high quality recycled steel raw materials, reduce dependence on imported iron ore, and improve the quality of recycled steel raw materials.

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