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CHINA PRESS: China New Energy And Industries To Increase Demand For Non-Ferrous

CHINA PRESS
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China’s expansion of new infrastructure and energy industries in 2025 will drive growth in demand and prices for non-ferrous metal, noted Wang Hongying, dean at the China Financial Derivatives Investment Research Institute. Zeng Ning, deputy director at CITIC Futures, noted the real-estate sector will drag demand for commodities in the foreseeable future. Crude steel production is expected to decline in 2025 due to insufficient domestic demand, low industrial profits and output control policies, according to Wang Guoqing, director at the Lange Steel Network Research Centre, who also noted steel exports will decrease in 2025 to around 80-100 million tonnes due to increased global tariffs. (Source: 21st Century Business Herald)

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China’s expansion of new infrastructure and energy industries in 2025 will drive growth in demand and prices for non-ferrous metal, noted Wang Hongying, dean at the China Financial Derivatives Investment Research Institute. Zeng Ning, deputy director at CITIC Futures, noted the real-estate sector will drag demand for commodities in the foreseeable future. Crude steel production is expected to decline in 2025 due to insufficient domestic demand, low industrial profits and output control policies, according to Wang Guoqing, director at the Lange Steel Network Research Centre, who also noted steel exports will decrease in 2025 to around 80-100 million tonnes due to increased global tariffs. (Source: 21st Century Business Herald)