The prospects for the development of non-ferrous metals
Release date:2016-01-15 00:00 Source: Click:
The domestic non-ferrous metals industry has low concentration, poor scale efficiency, and scattered resources, and at the same time it is one of the industries that are closely integrated with the international market. In the current situation of strong demand for non-ferrous metals, non-ferrous companies are bound to increase investment in mine resources. Participating in or holding overseas mines and enterprises can make up for the lack of China's non-ferrous mineral resources and change the unfavorable situation of Chinese companies in raw material fluctuations. In addition, the extension of the industrial chain of the company and the increase in industry concentration can better improve the company's ability to resist risks, and can reverse the Chinese companies' lack of “pricing power” and “discourse right” in negotiations such as copper concentrate processing fees. situation.
In the first 20 years of the 21st century, China will still be in the process of industrialization. The rapid development of the manufacturing industry will drive the national economy to maintain a long period of rapid growth. Therefore, the development status of the non-ferrous metal industry, which is the basis of industry, is even more important for the Chinese economy to maintain a relatively high growth rate. The sustained and healthy development of China's national economy is the basis for the steady development of the non-ferrous metal industry. In the coming period, the demand for non-ferrous metals in China will maintain steady growth.
In the context of slowing world economic growth and weak demand from major economies, China's non-ferrous metal exports have slowed down and imports have continued to decline. In the first half of 2013, China’s export of non-ferrous metal products was US$11.704 billion, which was a year-on-year increase of 2.3%, and the growth rate was 14.2% lower than that in the first quarter. Imports of non-ferrous metals products were US$239.37 billion, a sharp decline of 18.2% year-on-year, a decrease of 1%. The quarter was narrowed by 6.2%; the trade deficit of non-ferrous metal products was US$12.233 billion, an increase of US$6.14 billion from the first quarter.
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