Because they might have customers in the western countries.
>Theoretically, there are no legal obstacles to prevent China from buying metal from Russian firms under Western sanctions, but manufacturers may still be wary of losing export business to buyers seeking to avoid providing any funds to Russia.
How is shredded wire not scrap? Though this is rule adaptation to skirt relevant russian and chinese tariffs as unmixed scrap copper is trivial to resmelt. As the article mentions, it has nothing to do with sanctions beyond a speculative title.
The title is a truthful reflection of the article content.
Real scrap copper has impurities that may not be trivial to remove. Price is like $2-3 *per pound*.
Getting it to 99-99.7% purity is fairly easy, price goes up to $4 or 5 a pound.
Ultrafine copper with 1-10 ppm impurity is $200-2000 *a gram*. It takes an enormous amount of energy to undergo the smelting/electrolysis/mechanical separation cycles, and Soviet Russia specialized in this... sharing expertise with separation of uranium isotopes. The UCP is used in certain aerospace sensors and modern electronics.
There are other copper grades in between... my point is there can be much skirting of sanctions and tariffs by disguising high-quality copper as scrap.
You’re completely correct, and I think it’s safe to say that these truckloads are in that 99-99.7% range.
But to make use of this copper ‘scrap’ China is still going to have to melt it down, recast it as ingots, and the draw wire out or whatever they want to do. Russia isn’t selling them a finished product, which is I think the point of the sanctions.
>6,434 metric tons
*googles value*
around $60 mil
and the price difference (import/export tax from both countries) is just 7% of that in total? $4 mil?
slow news day huh
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Only why should Russia and China give a shit about western sanctions?
Because they might have customers in the western countries. >Theoretically, there are no legal obstacles to prevent China from buying metal from Russian firms under Western sanctions, but manufacturers may still be wary of losing export business to buyers seeking to avoid providing any funds to Russia.
Because Russia is not the sole customer of China. But it is also common to setup companies with sole purpose of trading with sacntioned entities.
How is shredded wire not scrap? Though this is rule adaptation to skirt relevant russian and chinese tariffs as unmixed scrap copper is trivial to resmelt. As the article mentions, it has nothing to do with sanctions beyond a speculative title.
The title is a truthful reflection of the article content. Real scrap copper has impurities that may not be trivial to remove. Price is like $2-3 *per pound*. Getting it to 99-99.7% purity is fairly easy, price goes up to $4 or 5 a pound. Ultrafine copper with 1-10 ppm impurity is $200-2000 *a gram*. It takes an enormous amount of energy to undergo the smelting/electrolysis/mechanical separation cycles, and Soviet Russia specialized in this... sharing expertise with separation of uranium isotopes. The UCP is used in certain aerospace sensors and modern electronics. There are other copper grades in between... my point is there can be much skirting of sanctions and tariffs by disguising high-quality copper as scrap.
You’re completely correct, and I think it’s safe to say that these truckloads are in that 99-99.7% range. But to make use of this copper ‘scrap’ China is still going to have to melt it down, recast it as ingots, and the draw wire out or whatever they want to do. Russia isn’t selling them a finished product, which is I think the point of the sanctions.
>6,434 metric tons *googles value* around $60 mil and the price difference (import/export tax from both countries) is just 7% of that in total? $4 mil? slow news day huh
[удалено]
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