First Half of the Year Sees Collective Rise in Non-Ferrous Metal Prices, with Core Minor Metals Soaring
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Author:小编   

On July 29, the China Nonferrous Metals Industry Association unveiled the operational data for the non-ferrous metals sector in the first half of the year. The data revealed growth across several key indicators of China's non-ferrous metals industry. An official from the association noted that the rapid expansion of global artificial intelligence computing power infrastructure has spurred a concentrated surge in demand for non-ferrous metals, including copper, aluminum, tin, tantalum, and indium. This heightened demand has, in turn, led to substantial price hikes. From January to June this year, copper and aluminum prices climbed by 31.4% and 18.8%, respectively. Meanwhile, tin, tantalum, and indium prices surged by over 40%, 158%, and 60%, respectively. Experts have highlighted that, given the prevailing macroeconomic and geopolitical uncertainties, market sentiment remains highly sensitive. Consequently, the industry must focus on enhancing product adaptability, fortifying upstream-downstream integration, and diversifying its strategic布局 (which can be translated as "layout" or more specifically "strategic deployment" in this context).