ISRI has learned that the Chinese Government has initiated an aggressive inspection campaign focused on importers of scrap commodities. It is not clear how broad the campaign is in terms of the types of scrap targeted, although it is known that plastic scrap is among those targeted.
Sixty (60) teams of inspectors are traveling across China, inspecting importers for compliance with Chinese environmental laws, with a particular focus on water and air emissions. According to a report from the Chinese Scrap Plastics Association, the Chinese Government is targeting curtailment of 60% of import permits. As one can imagine, this is causing much chaos in the Chinese recycling community and will likely affect the volumes of scrap exported from the United States and elsewhere into China during this period. ISRI is closely monitoring the situation and will provide any updates as we receive them. In the meantime, please feel free to contact Adina Renee Adler with any questions. This will also be a major topic of discussion at next week’s meeting of the ISRI Trade Committee, scheduled for Wednesday, July 19, at 2:00 p.m. at the Loews Madison Hotel in Washington, DC.