steelguru.com
China 10 nonferrous metal output up by 10pct in H1 2011
Edited by : AL CIRCLE
1 min read
China Knowledge reported that the combined output of the ten nonferrous metals was 16.9 million tonnes in the first 6 months of this year up 9.8% YoY.
According to the latest statistics released by the National Development and Reform Commission, the growth was 21.5 percentage points lower than that in the same period of 2010.
The output of electrolytic aluminum rose 5.6% YoY to 8.64 million tonnes in the H1 slowing from 45.6% growth in the H1 of 2010. There was YoY increase of 13.9% in the output of copper, 25% increase in the output of lead, 6.1% increase in the output of zinc and 17.8% increase the output of alumina.
In June, the prices of nonferrous metals rebounded from May. The average prices of spot copper and electrolytic aluminum stood at CNY 69,758 and CNY 17,241 per tonne up 2% and 3% MoM or 33.4% and 18.5% YoY.
According to the latest statistics released by the National Development and Reform Commission, the growth was 21.5 percentage points lower than that in the same period of 2010.
The output of electrolytic aluminum rose 5.6% YoY to 8.64 million tonnes in the H1 slowing from 45.6% growth in the H1 of 2010. There was YoY increase of 13.9% in the output of copper, 25% increase in the output of lead, 6.1% increase in the output of zinc and 17.8% increase the output of alumina.
In June, the prices of nonferrous metals rebounded from May. The average prices of spot copper and electrolytic aluminum stood at CNY 69,758 and CNY 17,241 per tonne up 2% and 3% MoM or 33.4% and 18.5% YoY.
Previous article
Copper is now nearly four times as expensive as aluminium
Next articleVedanta Resources may face investor ire over bonuses to top three
Grow with
AL Circle
