China’s General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) has made an important announcement regarding export licenses; currently, there are still 364 applicants of scrap companies pending approval from the department.

Yet, there are already 1800 companies out of 2164 renewal applications with qualified licenses which have been approved by the Institute of Scrap Recycling Industries (ISRI).

Since 2005, AQSIQ has issued 3000 licenses for scrap companies, of two years validity; companies still waiting for approval notice fear they will not be able to ship any material unless the confirmation approval authority has been informed which old licenses may not be workable after the deadline.