08
May
04:49
China to introduce new car recycling measures
China will implement new measures for the management of recycling scrapped motor vehicles on 1 June, Kallanish notes.
The new policy has cancelled some controls on scrapping vehicles. Previously, as a designated special industry, car scrapping firms had to meet certain strict standards. Companies which met the necessary qualifications faced no additional taxes, but these were limited to one per prefecture-level city. This led to the sector being domina…
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Anonymous
Very good overview of the weekly steel market.
Anonymous