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The profit in the nonferrous industry declined 10% in January to July

Thursday, Sep 26, 2013

Recently, China's National  Development  and Reform  Commission  announced the running situation of the nonferrous metals industry from January to July.

In the first seven months, non-ferrous metal industry realized profit of 89.08 billion Yuan, down 10.2% YOY, among which the mining industry realized profit of 34.24 billion Yuan, down 9.9%; smelting and rolling processing industry realized profit of 54.84 billion Yuan, down 10.4%.

In August, electrolytic aluminum output increased by 5.3%; copper output rose by 10.7%, lead output fell by 6.7% , and zinc production increased by 11.5%.

January to August, electrolytic aluminum output was 14.35 million tons, an increase of 8.2%; copper production increased by 12.3%; lead production increased by 8.4%; zinc production increased by 10.8%, down 5.7% from the same period last year; alumina production increased by 10.4%.

 In terms of price, copper, lead, and zinc increased, and electrolytic aluminum declined.

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