About 10% output growth of China nonferrous metal from 2008 to 2010

After years of rapid development, nonferrous metal began to slow down, which was driven by several reasons: first, production and consumption of nonferrous metal in China accounts for the world¡¯s total 30%, indicating the consumption per capita exceeding world average level; second, production cost of metals continue increasing, which again cut profit of companies in this field; third, the extensive economic in China wastes resources and energies, but adjusting strategies have been carried out to tear into a sustained development period.

Data analyze reveals that nonferrous metal output growth in 2008 to 2010 will be around 10% or lower. Meanwhile, consumption of nonferrous metal would decrease.

After going through the period of rapid growth, prices of nonferrous metals began to emerge differentiation with some falls and some stay in high affected by supply. Analyze shows that prices of aluminium, tin and rare earth will be favorable in the following period; while prices of copper, zinc, lead, nickel and molybdenum is unpredictable.

Currently, producers of nonferrous metal of China are active in overseas investment, which, however, is in the elementary stage and of great risk. Overseas investment of nonferrous metals, from the long run, is a due trend.

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