News Center

Taizhou's imported scrap metal accounts for 20% of the national total

13 May,2015

Taizhou's imported scrap metal accounts for 20% of the national total. In 2014, 2.093 million tons were imported. Based on the calculation that "every ton of recycled scrap metal saves 67.9 tons of water", the recycling of these scrap metal resources has driven rapid development in Taizhou's auto parts, hardware and electrical machinery, plumbing valves, and wire and cable manufacturing industries. Taizhou is one of the largest import ports for scrap metal in China, accounting for 20% of the national total. However, in recent years, due to factors such as the inverted domestic and international scrap metal prices, rising domestic labor costs, the downturn in domestic real estate and other industries, weak demand for scrap metal recycling, and stricter banking credit policies, the prices of copper and steel have continued to fall, leading to a significant decrease in the import volume of scrap metal in Taizhou.
Read more →
< 1...474849...56 >