ISRI received information that the Chinese Government will allow CCIC's Canadian operations to temporarily undertake pre-shipment inspections and issue certificates for U.S. scrap shipments bound for China.
ISRI received information that the Chinese Government will allow CCIC's Canadian operations to temporarily undertake pre-shipment inspections and issue certificates for U.S. scrap shipments bound for China.
The authorization was issued beginning yesterday through the end of the suspension of the U.S. operations on June 4. Containers will still be subject to 100% inspection upon arrival.
We have obtained the complete announcement from the Chinese government authorizing CCIC Canada to undertake pre-shipment inspections of scrap in the United States bound for China, and had it professionally translated to ensure full clarity and accuracy.
Here is what we understand to be the situation:
U.S. companies can apply to CCIC Canada for Canada-based inspectors to conduct pre-shipment inspections in the United States. It is still expected that the suspension on the U.S. Operations of CCICNA will be lifted on June 4. We do not believe that the pre-shipment inspection and certification process will change after June 4.