Non-ferrous materials were the State Council approved the revitalization plan - metals - metals indu - Business

Non-ferrous metals has been the revitalization of the State Council initially approved plans, nine recommendations, purchasing and storage plans, lower price, rationalizing taxes, speed up industrial restructuring and other strategic elements of consensus, only the "lower price" This is not a suggestion through. "This is just preliminary results, even after consideration of the State Council office will be discussed again later, to confirm the final solution." Authoritative source told reporters. If you do not major adjustments in the top ten industries ranked by the revitalization plan after the non-ferrous metals industry, its revitalization plan, this may be implemented earlier. Reduce the price to be negative "Reduce the price proposal was negative, mainly affect the face too, involves the impact of the coal market." Relevant departments of the authorities from non-ferrous metals, said, "including the direct purchase of electricity company pilot proposal was whether th e. " 2008 9,10 years for non-ferrous metals prices plummeted after the month, and Yunnan, the local government began to introduce preferential tariff policy. As the cost of electricity has accounted for one third of aluminum, therefore, non-ferrous metals industry revitalization plan proposed to expand the pilot to Henan, Shandong, Gansu, and Qinghai, to implement it. "Corporate pilot direct short-term power purchase expedient and can not save the industry as a long-term policy. Meanwhile, the actual price discount against the central government's policy intent, contrary to the national energy saving and emission reduction, sustainable development call. even with the pilot, but also rely on government subsidies for revenue, in the overall economic situation is not good, tight local government financial circumstances, it is capable of implementing the preferential tariff of this policy. "the authoritative source. Voices from the business that: "the largest aluminum consumptio n, this reference is from the industry itself is a positive proposal, but in a broader context may not apply. The current losses of the power industry seriously, once again the possibility of price reduction is small. " Nine non-ferrous metals revitalization plan proposed to reduce tariffs and state purchasing and storage is today is the most effective policy. Non-ferrous metals industry, the proposed revitalization plan: "to promote key enterprises directly purchase electricity experiments, lower price, to encourage coal - electricity - integrated aluminum industry, the quality of resources allocated to key enterprises." "To resolve difficulties by reducing tariffs, which is contradictory in the transfer industry." Relevant from the Aluminum Corporation of China who said that "non-ferrous metals industry is the problem is excess capacity, the intensive level is not high, raw materials high dependence on outside. even without the economic crisis, the plight of this will happ en before the economic crisis is only the arrival of the dilemma. " Is precisely this reason, non-ferrous metal industry, specifically to promote the revitalization plan merger and reorganization of enterprises, improve industrial concentration and eliminate backward and rational allocation of resources, and policy content. Currently, aluminum, copper, lead, zinc and other major non-ferrous metals producers face shrinking consumption, weak demand, prices fell sharply, stocks increased rapidly, expanding the scope of cuts discontinued. Countries have started purchasing and storage State purchasing and storage and lower price in the short term boost trade immediate response. Although the proposal did not pass the price reduction, but the non-ferrous metals has lead in purchasing and storage plan. Plan by purchasing and storage, purchasing and storage 1 million tons of aluminum, copper and purchasing and storage 400,000 tons, 400,000 tons zinc purchasing and storage. Prior to t he December 25, 2008, the State Reserves Bureau has been purchasing and storage 290,000 tons of aluminum. Which accounted for 150,000 tons of aluminum, Qingtongxia Aluminum, China Power Investment Huolinhe coal, Yunnan Aluminium companies in 2 of 7 million tonnes, purchase price is 12,350 yuan per ton. "Is expected to launch a new round after years of acquisitions. January 22, 2009, LME (London Metal Exchange) copper stocks has reached 471,000 tons, while in October 2008 less than 200,000 tons.

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