Non-Ferrous Metal Industry Rose Steadily In 2010

Non ferrous metals industry has experienced theliquidity contraction intertwined conflicts, non ferrous
gradual pick up in 2009, after 2010 the demand willmetal prices in 2010 will likely show continued rising
continue to show significant growth.and moving towards a pattern of wide shocks.
States Securities researcher analysts believe that in"Do not rule out further recovery as the economy,
2010, investment and consumption is still the maincountries will come out of loose monetary policy,
engine driving the growth of GDP. According to thetightening credit, reduce market liquidity, will form a
fixed asset investment, GDP elasticity coefficientcertain amount of pressure on metal prices."
related to industry needs, and contribute to theSecurities analyst, who asked not be named, told the
downstream end is estimated that by 2010 China's"China Sankei Shimbun "reporter.
copper, aluminum, lead, zinc and the actual demand of"Good posture is not the first half of suspense, in the
12% year on year growth rate of 16% or so. Begansecond half of the price may be downhill trend in the
the rate of warming followed by the demand rise.late rebound may have." Metal mesh co director
Over the past year or so, non ferrous metalsWang Li hsin, non ferrous metal channel.
industry, the country by the international financialIn addition, from the overall pattern of the country's
crisis the most serious one of the industries. "Nonpoint of view, there are also many problems in the
ferrous Metal revitalization planning" introduced theindustry.
occasion, the whole industry is facing a price volumeAt present non ferrous metals industry, primarily in
Qi down, industry round loss dilemma. Analyststhe three major problems remain to be resolved:
pointed out that the implementation of plans overexcess capacity; industry, the degree of
the past year, non ferrous metal industry hasintensification is not high, enterprise comprehensive
achieved positive progress in the multiple positivestrength of the weak; raw materials, foreign
factors, in 2010, the overall trend will be maintaineddependency, the lack of international pricing right to
steadily, but also no shortage of pressure.speak.
Data show that in 2009 non ferrous Mining and"Revitalization of the plan, there is an important goal
Dressing Industry from January to November totalcorporate restructuring, in 2009, and has not made
profit of 25.675 billion yuan, down 26.68 percent; nongood progress. Urgent need to adjust industrial layout
ferrous metal smelting and rolling processing industryand eliminate backward production tasks are still
achieved a total profit of 55.265 billion yuan, downdifficult." Wang told reporters that a new, non
17.11%. Cumulative total profit year on year declineferrous industry, the difficulty will be greater than the
narrowed.steel industry restructuring , scattered and
Non ferrous metal mesh co director Wang Li, a newmiscellaneous non ferrous industry, the most
channel told the "China's Sankei Shimbun" reporter, "4prominent feature is the same time, will also be the
trillion," a package of investment plans to inject newbiggest obstacle to the reorganization process.
vitality of China's economy, directly contributed toState owned Assets Supervision and Administration
real estate, automotive and other industriesCommission Deputy Director of Research Center,
recovery, but also indirectly, stimulating of nonone of the "China's Sankei Shimbun," told reporters
ferrous metals demand. Also, non ferrous metalsthat the future will continue to promote mergers and
industry, the revitalization plan, direct purchase ofacquisitions to develop a competitive industry, leading
electricity policy and national purchasing and storageenterprises, and encourage powerful enterprises to
also played at that time had an immediate effect.accelerate the "go out "the pace of acquisition of
Significantly accelerate the warming trend throughoutoverseas projects to reduce dependence on foreign
the industry, basically realized "in 2009 to maintainraw materials.
stable operation of industry," the planning objectives.According to the plan objectives, to form a 3 5 with
However, not all are good news.strong comprehensive strength, enterprise group, in
At the recent "2010 Non ferrous Metal Industry2011, the domestic top ten of copper, aluminum, lead
Development" seminar, analysts believe that theand zinc production in the country's total output of
possibility of greatly based on the current excessenterprises proportion increased to 90 %, 70%,
capacity situation, as well as economic recovery and60%, 60%.