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

China Nonferrous Metals Industry Association announced that the country’s non-ferrous output is likely to exceed 60mn mt in 2020 by 5pc from the prior year to reach 61.5mn mt.


The collective income of non-ferrous industries is expected to climb to CNY5.6tn ($0.86tn), up by 2.5pc from the prior year  The total profits are expected at CNY1.65mn($0.25mn), up by 10pc.


In 2021, the association announced that the industries will achieve supply chain stability and will strive for carbon neutrality. 



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