Nonferrous metals industry is expected to continue stabilization

According to economic daily reported, in July, non-ferrous metal industry climate index trend shows that stabilizing trend deepens, non-ferrous metals industry and is expected to continue stabilization. As domestic macro environment improved, non-ferrous metal industry downstream demand is slightly better, continue to optimize the investment structure, part of the metal species showed a slight rebound after the falling prices, profits are from falling to positive growth.

Measures by China nonferrous metals industry association, the economic daily industry climate index research center and the national bureau of statistics of China’s economic prosperity monitoring center joint establishment in July 2014, non-ferrous metal industry monthly climate index released. Data show that in July 2014, classics in non-ferrous metal industry climate index is 55.3, the previous month back up 1.0 points, breakthrough “slant cold” range into the “normal” range.

In July, the non-ferrous metal industry climate index trend showed that stabilizing trend deepens non-ferrous metal industry, and is expected to continue stabilization. As domestic macro environment improved, non-ferrous metal industry downstream demand is slightly better, continue to optimize the investment structure, part of the metal species showed a slight rebound after the falling prices, profits are from falling to positive growth.

Industry downward pressure, however, did not completely eliminate, mine security ability is insufficient, deep processing of high value-added products, such as the shortage of unreasonable structure and overcapacity problem in the short term is difficult to fundamentally solved, influence of non-ferrous metals industry continue to steadily to good uncertainties still exist.