The actual operation of China’s metal industry in 2012

The output of nonferrous metal keeps increasing,but the increase range recedes largely; Main operation income increased,while profits dropped; Nonferrous metal prices oscillated in low level the whole year,and average prices dropped largely on year-on-year basis; The investment amplification fell back ,so did the smelter project; The increase range of the value of import and export ticked down,and the value of main variety exports cut down; The technology of Nonferrous metal industry developed quickly,while energy-saving and cost-reducing have telling effects.

Prospects on China’s nonferrous metal industry in 2013

In 2013,global economy is still in adjustment period of post-financial crisis ,in this complicated and uncertain environment,major economy entities like Europe ,America and Japan are short of power to go up,while most newly developing economy entities slowly increase,the global economy resurgence will experience twists and turns.

2013 is an opening year for China’s new government,with the aim to double the income posted in the eighteenth congress of communist party,the recovery of property construction,the pulling of domestic demand and the stabilized export,the operation of nonferrous metal will run favorably.

In 2013,China’s nonferrous metal industry will grow slightly in production,consumption and investment,while it is still short of power to pick up largely;prices continues drifting,and the phrased rebound will depend on government’s bull investment policy and the relaxed environment of global economy.It is predicted that average prices will be higher than that in 2012.On the whole,the operation of nonferrous metal in 2013 will be better than 2012.