Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

China’s output of non-ferrous metals and alloys rose in March 2020 after the country rapidly resumed operations post the COVID-19 outbreak. Production of primary copper and primary aluminium rose significantly, up by 15.4pc and 9.5pc, respectively. 


China outputMarch 2020March 2019Change (%)Q1 2020Q1 2019Change (%)
Electrolytic copper7,71,000mt7,05,000mt9.42.3mn mt2mn mt15
Copper + articles1.8mn mt1.56mn mt15.43.7mn mt3.66mn mt1
Electrolytic aluminium2.97mn mt2.89mn mt2.88.8mn mt8.6mn mt2.3
Aluminium + articles4.6mn mt4.2mn mt9.510.5mn mt10.4mn mt1
Aluminium alloy7,27,000mt6,89,000mt5.51.66mn mt1.72mn mt3.6

China is now facing the problem of surplus inventories. Demand has recovered in the domestic market but global demand remains weak as economic activities across the world are disrupted by the viral pandemic.

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