China To Control Expanding Capacity Of Nonferrous Metals
Post Date: 25 Apr 2011 Viewed: 507
China will control the expanding capacity of the nonferrous metals industry, with its annual growth rate of the top 10 metals reaching less than 8 percent over the 12th Five-Year Plan (2011-2015), said an industry official. Report from local news agency Xinhua showed that the industry will also upgrade its structure and improve quality and effectiveness during the Five-Year Plan period.
The combined output of 10 nonferrous metals, including copper, aluminum, lead and zinc, will be limited to 41 million tons, according to the association. The association estimated that the demand for 10 nonferrous metals is likely to exceed 43.8 million tons by 2015.