11,294.48 TRY BIST 100 BIST 100
41.31 USD USD USD
5.84 CNY CNY CNY
48.58 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
39.76 TRY Interest Interest
67.08 USD Fossil Oil Fossil Oil
58.05 USD Silver Silver
4.62 USD Copper Copper
106.61 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,919.91 TRY Gold (gr) Gold (gr)

Maersk Line announces halting metal scrap transfers to China and HK

Maersk Line recently announced that it will stop shipping scrap metal to China and Hong Kong due to uncertainty in the Chinese government's policy.

Maersk Line announces halting metal scrap transfers to China and HK

From September 1, 2020, Maersk Line will reject all orders shipping all waste goods to China and Hong Kong, including ferrous and non-ferrous waste, textiles, and waste paper.

This measure reflected the company's concerns over the Chinese government's policy to ban the import of waste materials before the end of 2020.

The Chinese government's plan to reuse scrap copper and scrap aluminum as the material has been delayed; The HS code defined and the review process was not resolved, causing a lot of uncertainty for importers.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

The Inward Processing Regime Circular has been published! New regulation in the steel sector

Thursday, September 18, 2025

U.S. changes antidumping decision on steel imports from Italy.

Sunday, September 21, 2025

Saudi Arabia issued USD 1 billion steel order for Mukaab project

Friday, September 19, 2025

Ayes Çelik Hasır lays the foundation for its third factory

Sunday, September 21, 2025

Trump uses “golden share” authority to block US Steel Granite City plan

Sunday, September 21, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now