Gnee Steel (Tianjin) Co., Ltd.

Market Demand in The Nonferrous Metal Industry Improved Significantly in The Second Half Of The Year

Nov 29, 2023

In order to promote the high-quality development of statistical work in the national nonferrous metals industry, on November 23, the China Nonferrous Metals Industry Association held the 2023 National Nonferrous Metals Industry Statistics Work Conference in Shaoxing City, Zhejiang Province.

Chen Xuesen, member of the Standing Committee of the Party Committee and Vice President of the China Nonferrous Metals Industry Association, Jiang Rui, Director of the Industrial Department of the National Bureau of Statistics, Kong Shuilong, Secretary General of the Zhejiang Metallurgical Nonferrous Metals Industry Association, and Jin Feifei, Rotating President of Hailiang Group, attended the meeting and delivered speeches. Li Yusheng, deputy secretary-general of the association and director of the Policy Research Office, and Zhang Lin, director of the Ministry of Rare and Rare Earths, chaired the meetings respectively. Peng Bo, director of the Information and Statistics Department of the association, made a work report on the conference. More than 150 representatives from national non-ferrous metal production enterprises, local non-ferrous metal industry authorities and other units, as well as personnel from the association's main business departments attended the meeting.

Chen Xuesen said in his speech that since this year, facing the severe and complex international situation, the nonferrous metals industry has benefited from the rapid development of new economic fields such as new energy, electric vehicles, and power energy storage batteries, as well as the implementation of a series of policies to stabilize growth in China. Market demand in the metal industry improved significantly in the second half of the year. From January to October, the cumulative industrial added value of nonferrous enterprises above designated size increased by 6.8% year-on-year, an increase of 1.9 percentage points compared with the same period last year, and 2.7 percentage points higher than the increase in industrial added value of enterprises above designated size nationwide; the output of ten nonferrous metals was 61.58 million tons, a year-on-year increase of 7.0% on a comparable basis; completed fixed asset investment increased by 14.9% compared with the same period last year, an increase of 2.5 percentage points compared with the first half of the year, and 6.0 percentage points higher than the national industrial investment. From January to September, the total import and export trade totaled 250.7 billion U.S. dollars, a year-on-year increase of 2.3% on a comparable basis; 10,560 enterprises above designated size achieved a total profit of 208.5 billion yuan, a decrease of 10.4% from the same period last year, and the decline was 24.7 percentage points narrower than the first half of the year. , narrowed by 35 percentage points from the first quarter, of which the profit in the third quarter was 86.67 billion yuan, an increase of 28.1% from the second quarter, an increase of 92.5% from the third quarter of last year, and the development trend is good.

Chen Xuesen emphasized three expectations in his speech: first, to raise awareness and perform high-quality industry statistical work; second, to strengthen operational analysis in light of the macroeconomic situation; third, to prevent statistical fraud and data security.

In his speech, Kong Shuilong welcomed the 2023 National Nonferrous Metal Industry Statistical Work Conference to be held in Shaoxing, Zhejiang. This meeting aims to strengthen industry statistical work, promote exchanges among peers, and promote the common development of the nonferrous metals industry, reflecting support for the statistical work of Zhejiang's nonferrous metals industry. In recent years, the pace of transformation and upgrading of Zhejiang's nonferrous industry has accelerated, technological leadership has been continuously strengthened, and innovation capabilities have been significantly improved. As of the end of 2022, Zhejiang Province has 801 nonferrous metal enterprises above designated size, with total assets of 174.8 billion yuan. The province's copper processing scale ranks fourth in the country, and its aluminum processing scale ranks sixth in the country. Zhejiang, the largest smelting enterprise of nonferrous metals, has emerged. Jiangxi Copper Fuye and Ding Copper are internationally influential copper processing companies such as Hailiang and Jintian. As an important province in the domestic non-ferrous metal industry, the statistical work of the non-ferrous metal industry in Zhejiang Province is of great significance to the healthy development of the non-ferrous metal industry.

Jin Feifei introduced the development of Hailiang Group in his speech. He said that it is very meaningful to hold this conference in Shaoxing. Shaoxing City is one of the important bases of the non-ferrous metal industry, and the non-ferrous metal industry is an industry that Shaoxing City focuses on supporting and developing. In 2022, Hailiang Group's operating income will be 207.4 billion yuan. It has been listed among the Fortune 500 for four consecutive years. It has industrial layout in 12 countries and regions, and its marketing network radiates around the world. As one of the world's largest copper processing companies and a world leader in the field of copper processing, Hailiang Group will enter the copper foil track at the end of 2021, with a total investment of 8.9 billion yuan to build a high-performance copper foil project in Lanzhou with an annual output of 150,000 tons , the first phase of the project was completed in just 9 months, setting a new record in the industry. Hailiang Group always adheres to the principle of technological innovation and market demand, constantly improves product quality and service levels, and strives to provide customers with better products and services.

Peng Bo made a report on the work of the conference on behalf of the Nonferrous Metals Association. The report notified the operation of the non-ferrous metal industry in the first 10 months of 2023, reviewed and summarized the development of national non-ferrous metal industry information statistics in 2023, and made arrangements for the key work of industry statistics in 2024. The specific content includes: in-depth Study and implement the spirit of the 20th National Congress of the Communist Party of China to promote the statistical work of the non-ferrous metal industry to a new level; strengthen the ability to judge and analyze the industry's operating situation; conduct statistical surveys in accordance with laws and regulations to further improve the data quality and timeliness of industry statistics; in On the basis of continuing to do a good job in various industrial prosperity indexes in the industry, we will start to make phased revisions to the existing index model in a planned and step-by-step manner; we will leverage the advantages of the Statistical Academic Committee to accelerate the introduction of new concepts and enhance services for industry development and government decision-making. capabilities; focus on matters such as statistical network and data security.

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