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China prepares to support scrap industry
15 Sep
01:00

China prepares to support scrap industry

China’s Ministry of Industry and Information Technology (MIIT) has released its third list of scrap firms, which meet industry standards. The list is expected to form a core of companies in China’s developing scrap market, which could receive various support, including cheap financing and tax breaks, Kallanish notes. This third list of 38 companies brings the total to 132, of which 24 are in the key scrap consuming region of Jiangsu. Only 10 are …
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