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Home > News > Industry news > Its time for China's recycled .....
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Its time for China's recycled aluminum research trying its best

  • Author:Dong Xing
  • Source:aluminummanufacturerchina.com
  • Release on:2018-04-11
The trade war between China and the United States has started, and aluminum recycling has taken the brunt of it. This time, the Trump administration also determined that imported aluminum products(5754H22 aluminum plate) threaten US national security and will impose global import tariffs from March 23 onwards. The import tariff on aluminum products is 10%. Recycling companies in China urgently need to seize opportunities to expand the recycling of aluminum scrap and provide a greater source of resources for aluminum products.

The recycled aluminum industry chain may become the first eco-environmental protection industry in China when the Sino-U.S. trade war is imminent. The trade war looks like rain, and aluminum has been involved in the tax-raising products already announced by both parties.
On March 23, the Ministry of Commerce of the People's Republic of China issued a list of discontinuation concessions for U.S. imports of steel and aluminum products (Aluminum board 6061)232 measures and solicited opinions from the public. It intends to impose tariffs on certain products imported from the U.S. to balance imports of steel and aluminum. The tariffs imposed on the products by the products are added to the losses caused by the Chinese interests.

In this list, tentatively contains a total of 128 tax products in 7 categories, according to 2017 statistics, involving the United States exports to China about 3 billion US dollars, of which 25% of the proposed tariff on recycled aluminum products.

Why is recycled aluminum classified as one of the counterproducts? How does the tax increase affect the geometry? Why does recycled aluminum bear the brunt of aluminum recycling? The recycled aluminum saves more than 90% of energy and reduces emissions by more than 90%.

Recycling and recycling of aluminum is not only saving resources, reducing energy consumption and protecting the environment, but more importantly, future important development directions. Therefore, China's renewable recycling companies urgently need to seize the opportunity to expand the recycling of aluminum scrap and provide a greater source of resources for aluminum products(Aluminum sheet for boat 5083).

The Sino-U.S. war of trade has also given warning to China's resource recovery companies. Although the trade policy for scrap aluminum and aluminum products will not change the basic pattern, this situation should be enough to attract the attention of the regulatory authorities, especially the recovery. The company's attention to change the business model, actively open up the phenomenon of intestinal obstruction of waste aluminum recycling, to win the opportunity for development.