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China Nonferrous Metals Industry Association has issued its preliminary assessment of the industry's performance in the first half of the year: The industrial added value of nonferrous metals rose approximately 6%, accompanied by a 3% increase in production. Fixed asset investment, particularly in mining and beneficiation, as well as green and low-carbon technological transformations, exhibited robust growth. Metal prices, notably copper and aluminum, are anticipated to remain high and volatile, while prices of new energy metals remain subdued. Import and export trade volumes declined, with export growth decelerating. Enterprises above a certain size are projected to witness an increase in revenue and profits, albeit with the potential for heightened differentiation in benefits across the industrial chain.
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