2012 China Nonferrous Metals increased by 7.5 percentage points year on year

Abstract According to the latest statistics, in 2012, the output of ten non-ferrous metals in China was 36.96 million tons, up by 7.5% year-on-year, and the growth rate was 2.3 percentage points lower than that in 2011. According to Jia Xing, vice president of China Nonferrous Metals Industry Association, the economic benefits of enterprises in 2012...
According to the latest statistics, in 2012, the output of ten non-ferrous metals in China was 36.96 million tons, an increase of 7.5% year-on-year, and the growth rate was 2.3 percentage points lower than that in 2011.

According to Jia Xing, vice president of China Nonferrous Metals Industry Association, the economic benefits of enterprises declined in 2012. After September, the prices of nonferrous metals gradually stabilized and rebounded. The profits of enterprises continued to rise, especially in the fourth quarter. Pick up the situation. The profit of non-ferrous metal industrial enterprises above designated size reached 166.6 billion yuan, down 16.3% year-on-year; the profit rate of main business income was 4%, down 1.4 percentage points from the previous year.

“The adjustment of industrial structure has shown positive signs.” Jia Xing said that last year, mining companies and smelting enterprises realized a significant decline in profits, while material processing enterprises realized a profit of 75.4 billion yuan, a slight increase. In the growth of fixed asset investment, mining projects increased by 13.4%, material processing projects increased by 44.6%, and smelting projects decreased by 5%, indicating that structural adjustment work is receiving attention from various enterprises, and that industrial investment structure is tending to be reasonable. .

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