30.01.2015 - Growth in China's nonferrous metals consumption seen to shrink further
The growth rate of China's consumption of nonferrous metals will dip into the single-digit range in 2015 and is expected to fall further in coming years due to the structural challenges facing the sector, Shaanxi Magnesium Industry Group said Thursday, January 29. The group in a report said surplus supply in the aluminum and copper segments were among the key challenges. The "wave-style" expansion of consumption seen in recent years has ended and traditional markets have become saturated amid the emergence of new technologies, new products and new industry and commercial modes, the group said...............................................Full Article: Source
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