In January-March 2020, the production and operation of the non-ferrous metals industry was generally stable, but affected by the new coronary pneumonia epidemic, industry efficiency and investment decreased year-on-year, and development confidence was insufficient.
Release time:
2020-05-08
From January to March 2020, the production and operation of the non-ferrous metals industry was generally stable, but due to the impact of the new coronary pneumonia epidemic, industry efficiency and investment decreased year-on-year, and development confidence was insufficient. From January to March, the non-ferrous industry realized a profit of 15.5 billion billion yuan, down 31.5 percent from a year earlier. Among them, the mining and processing industries realized profits of 5 billion yuan and 4.9 billion yuan, down 34.4 percent and 42.4 percent respectively from the same period last year, while the smelting industry realized profits of 5.6 billion yuan, up 2.2 percent from the same period last year. The non-ferrous association's March non-ferrous metal sentiment index 16.6, in the cold range, the first quarter industry business confidence index 44.8, down 4 basis points from the fourth quarter of 2019, at a three-year low.
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