The Zhengzhou Scrap Metal Market
The Zhengzhou scrap metal market is one of the largest and oldest metal recycling centers in China, serving the needs of both industrial and individual customers since the 1980s. Located in the Zijin district of the Henan capital of Zhengzhou, the Zhengzhou scrap metal market has become a major trading hub for secondary materials, providing a source of clean, recycled metals to the region and beyond. The market offers both regular and irregular trading days for a variety of scrap metal, including aluminum, brass, copper, and steel.
Alongside the regular trading days, which generally occur from Monday to Saturday, the Zhengzhou scrap metal market keeps slightly more irregular hours of operation: from dawn until noon on Saturdays and Sundays, as well as from sunrise to sunset during major Chinese holidays. In addition, the market is also renowned for its expansive collection of scrap metal items, ranging from small parts to sizeable pieces of heavy machinery, such as computers, pipes, motors and generators.
In addition to its core scrap metal trade, the Zhengzhou scrap metal market also deals in a variety of other materials, ranging from electrical wires, copper cables and copper wire rod materials, to aluminum cans and cooling fins. As of 2020, the market is home to more than 200 businesses, with a transaction size ranging from 2,500 to 2,000 tons per day. Moreover, the Zhengzhou scrap metal market is known as one of the most reliable sources of raw materials, with an average transaction speed of no more than three hours.
At the same time, the scrap metal trade in the Zhengzhou market is also heavily regulated by provincial and local governments, resulting in strict enforcement of environmental and health standards. This ensures that all scrap metal that is transferred from the market meets the requirements of Chinas environmental regulations, helping to improve the quality of air and water in the area.
In addition to its core scrap metal trade, the Zhengzhou scrap metal market is also home to a large number of recyclable materials, such as plastic, rubber, paper, metals and glass. Much of the material found in the market is re-used in manufacturing, machinery and construction, offering a valuable contribution to the circular economy.
Although the Zhengzhou scrap metal market serves as an important supplier of recycled metals, it is also a major resale center, allowing companies and individuals to buy and sell collected scrap materials, including those sourced from industrial sites, demolition sites, and other sources. As a result, the market is an important source of valuable metals, many of which can be used to manufacture a range of products, from auto parts to home appliances.
In conclusion, the Zhengzhou scrap metal market is an invaluable source of clean, recycled metals, as well as a resale center for businesses and individuals. With strict environmental and health regulations and a reliable source of raw materials, the market has become a major trading hub in the region, providing a vital contribution to the circular economy.