Analysis on China nonferrous metals industry

Nonferrous metals keep in boom in 2008

Demand of domestic market will ease the impact brought by slowing down of western economy, which keeps metal prices high in 2008. it is predicted that copper, tin and gold prices will up year-on-year; while aluminium considered to be the most secure and promising one. Caused by high mental prices, resource enterprises will keep high profit return, while profit of electrolytic aluminium industry will slightly down.

Resource and scale expansion

International environment of long term bull market brings constant merger of large international mining. State-own enterprises will become the core strength at Industry consolidation.

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