It was learned from the China Non-ferrous Metals Industry Association that in 2024, the industrial added value of non-ferrous metals enterprises above designated size in China increased by 8.9% year-on-year, and the output of ten kinds of non-ferrous metals was 79.19 million tons, an increase of 4.3% over the previous year. Among them, the output of refined copper and electrolytic aluminum reached 13.64 million tons and 44 million tons, respectively, an increase of 4.1% and 4.6%. Chen Xuesen, vice president of the China Non-ferrous Metals Industry Association, said at the press conference on the economic operation of the non-ferrous metals industry in 2024 that China's non-ferrous metals industrial production and operation maintained steady growth in 2024, with the output of main products and investment increasing over the previous year, and the total profit increased significantly year-on-year.
Data show that in 2024, China's non-ferrous metal industry to complete fixed asset investment increased by 24.7% over the previous year, foreign trade to maintain year-on-year growth, trade structure continues to optimize, non-ferrous metal import and export trade total 368.79 billion US dollars, an increase of 11.4%, is expected to achieve a total profit of non-ferrous metal industrial enterprises to reach 420 billion yuan. Year-on-year growth of more than 10%. "The 'new three' is still the main driving force for the growth of non-ferrous metal consumption demand, and the electrolytic aluminum industry has become the main industrial area for the growth of economic benefits in the non-ferrous metal industry." Chen Xuesen said that the association will continue to promote the supply side reform of various industrial varieties of non-ferrous metals, guide enterprises to accelerate transformation and upgrading, improve the level of high-end, intelligent and green industry, guide the extension and upgrading of the industrial chain, and enhance the added value of products and international competitiveness.
