Operation of non-ferrous metals industry in January-May 2015

Abstract From January to May 2015, the output of ten non-ferrous metals was 20.074 million tons, an increase of 8.7% year-on-year. The output of copper, aluminum, lead and zinc was 3.085 million tons, 12.187 million tons, 1.674 million tons and 2.512 million tons respectively. Increase separately...
From January to May 2015, the output of ten non-ferrous metals was 20.704 million tons, an increase of 8.7% year-on-year. The output of copper, aluminum, lead and zinc was 3.085 million tons, 12.187 million tons, 1.674 million tons and 2.512 million tons respectively. Growth of 9.5%, 10.2%, -1.3% and 13.4%. The industry completed fixed assets investment of 216.3 billion yuan, a year-on-year increase of 0.04%, and aluminum smelting investment of 16.925 billion yuan, an increase of 11.6%. The average spot price of copper, aluminum and lead decreased by 12.2%, 1.2% and 4.6% respectively, and the average spot price of zinc increased by 8.5%. The industry achieved a profit of 63.17 billion yuan, a year-on-year increase of 10.6%, of which the profit of deep processing reached 32.44 billion yuan, accounting for 51.4% of the whole industry, especially the aluminum smelting industry turned losses into profits, realized profits of 660 million yuan, a year-on-year loss of 8.69 billion yuan. The number of loss-making enterprises decreased by 13.6% year-on-year. With the steady growth and structural adjustment measures, the demand for non-ferrous metals is gradually improving. It is expected that the industry will maintain a stable operation in the second half of the year.

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