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However, according to various sources, large-scale scrap metal exports from the Ukraine to Turkey caused shortages of the raw material at Ukrainian mills and foundries. Exacerbating the situation, some Turkish buyers ended up re-selling the scrap metal to other sources at sharply higher prices.
Recovering precious metals such as palladium, platinum, gold and other valuable metals such as copper, lead, and silver from electronic waste becomes economically viable only if enough scrap is collected. Such separation takes more technologically advanced and sophisticated recycling equipment.
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China’s federal government, she said, is supportive of the secondary copper industry and has earmarked funds in its 12th five-year plan to improve technology at copper smelting and refining plants as well as at the scrap facilities that help prepare the feedstock for this sector.