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In 2018, the profit of non-ferrous metal enterprises above designated size fell by 6.1%, and the aluminum industry was the main reason

 Last Update: 2022-12-15
 Source: Internet
 Author: User

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According to data released by the Ministry of Industry and Information Technology, in 2018, the main business income of non-ferrous metal enterprises above designated size in the country was 5,428.
9 billion yuan, a year-on-year increase of 8.
8%.

However, profits fell 6.
1% year-on-year to 185.
5 billion yuan, down 6.
1% year-on-year, mainly due to the obvious year-on-year decline in profits in the aluminum industry
.

2018542898.
8%6.
1%18556.
1%

According to statistics, the profit of the national aluminum industry in 2018 fell by 40.
1%
year-on-year.
In addition to the increase in the overall cost of the industry, the use of aluminum has declined, especially the automotive industry
.

201840.
1%

Generally speaking, the main business of nonferrous metallurgy enterprises includes mining, smelting and processing, and the profit of mining and selection is flat year-on-year, but the profit of smelting and processing has declined significantly, falling by 10.
2% and 5.
6%
respectively year-on-year.

10.
2%5.
6%

According to the China Association of Automobile Manufacturers, domestic automobile production and sales last year were 27.
809 million and 28.
081 million units, respectively, down 4.
2% and 2.
8% from the previous year, the first annual decline
since 1990.

2780.
92808.
14.
2%2.
8%1990

In addition to automobiles, sales of other machinery industry products are not satisfactory
.
According to data from the China Machinery Industry Federation, as of the end of last year, of the 64 major products monitored by the machinery industry, 34 were produced down year-on-year, accounting for more than half
.
Among them, the output of 19 products turned from a year-on-year increase to a year-on-year decline, while only 2 products turned into an increase from a year-on-year decline, and the main products with a year-on-year decline in output included agricultural machinery and equipment, power generation equipment, and engines and instruments for automobiles in addition to automobiles
.

6434192

That is to say, the decline in the production and sales of many machinery industrial products, including automobiles, has greatly affected the profits of non-ferrous metal raw materials, and also led to the decline in domestic non-ferrous metal material prices
.
Taking aluminum as an example, the spot price last year was 14,262 yuan per ton, down 1.
8% year-on-year, and the price of zinc fell 1.
7%
year-on-year.
This decline has also affected investors' enthusiasm for investment in the non-ferrous metals industry, and investment in non-ferrous metallurgy mines fell by 8%
year-on-year last year.

142621.
8%1.
7%8%

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