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The non-ferrous metal industry will usher in a critical year of opportunities and challenges coexisting

The 2018 Nonferrous Metal Market Report Conference organized by Beijing Antaike Information Co., Ltd. was held in Beijing. This meeting summarized the development of the non-ferrous metal industry in 2017, and relevant experts provided a detailed interpretation and analysis of the current and future situation of various non-ferrous metals. Chairman Gao Shunqing of Zhongse International Trade Co., Ltd. stated at the meeting that in the past 2017, the production of non-ferrous metals has remained stable, prices have stabilized and improved, corporate benefits have significantly improved, and import and export volume has steadily increased. However, the challenges that exist cannot be ignored. The overall slow transformation of new and old driving forces, low industry profit margins, and difficulties in financing are still prominent. Western countries such as the United States, out of their own interests, are facing increasingly fierce international trade frictions against China's non-ferrous metal products, and the export situation is facing significant challenges.

Realizing dynamic balance between supply and demand in the non-ferrous metal industry

On November 25th, workers from Hebei Magnesium Wheel Magnesium Alloy Technology Co., Ltd. conducted precision machining on magnesium alloy car wheels. Photographed by Li Xiaoguo, a journalist from Xinhua News Agency