The turning point is still waiting for the recovery of non-ferrous metals

Update Time: 2020-03-28 Follow: 5372

Data cannot lie. Recently, data released by the China Nonferrous Metals Industry Association showed that the prosperity index of the non-ferrous copper industry in October was 22.59, continuously approaching the lower edge of the "cooler" range; The prosperity index of China's aluminum smelting industry is 20.81, which is also in the "cold" range, and the index has been declining for seven consecutive months Although Jack Ma, Chairman of Alibaba Group, visited Chinalco recently and had in-depth discussions with Ge Honglin, Chairman and Party Secretary of Chinalco, focusing on the future and innovating cooperation between entities and e-commerce enterprises, and agreed on the next steps of work principles and operational methods, the situation facing the entire industry is still difficult to be optimistic Jack Ma stated that Alibaba Group is looking forward to collaborating with Chinalco to expand its business from the non-ferrous industry to traditional industries such as black metal, coal, and petrochemicals. This will change the image of the original small and medium-sized enterprise service platform, improve the industry layout and structure of the Alibaba platform, and promote the Alibaba e-commerce platform deeply in various industries This brings a glimmer of hope to the struggling non-ferrous metal industry, especially Chinalco. With the gradual increase of downward pressure on the aluminum industry and serious overcapacity, the Internet may alleviate offline sales pressure to some extent


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