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Update on base metal production in China in September-The 17th China(Guangzhou)Int’l Metal &Metallurgy Exhibition
10/22/2015 Metal &Metallurgy expo |
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China’s refined zinc production increased 1.1 per cent to 536,745 tonnes in September, rising for the second straight month. Demand for zinc is expected to improve in coming months because of Beijing’s plans to increase investment in infrastructure projects, supporting prices, industry sources said.
Production of primary aluminium fell 1.2 per cent in September from the previous month to 2.72 million tonnes, the lowest since May. Low prices have continued to prompt high-cost smelters to cut aluminium production, with Aluminum Corp of China (Chinalco) shutting its biggest facility. Still, the cuts were not big enough to push up domestic prices as new low-cost capacity came on stream.
Low prices and weak domestic demand also weighed on production of lead, nickel and tin.
Refined lead production dropped 1.6 per cent from the month before to 313,620 tonnes in September, falling for the third straight month.
Refined nickel output stood at 28,376 tonnes in September, down 11 per cent from the previous month and the lowest since March.
Refined tin production fell 3.6 per cent to 14,380 tonnes in September, reversing a rise of 6.1 per cent in August.
金属展-冶金展-2016广州金属暨冶金工业展览会-亚洲最大金属冶金展-巨浪展览
-metal&metallurgy-The
17th China(Guangzhou)Int’l Metal &Metallurgy Exhibition
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