前三季度有色金属行业呈现稳中有进发展态势

Core Insights - The non-ferrous metals industry in China is showing steady progress with a focus on high-end, intelligent, and green development, leading to improved corporate profitability [1][2] Production and Investment - In the first three quarters, the added value of the non-ferrous metal industry increased by 7.8% year-on-year, outperforming the national industrial growth rate by 1.6 percentage points [1] - The production of ten common non-ferrous metals reached 61.249 million tons, with a year-on-year growth of 3.0% [1] - Fixed asset investment in the non-ferrous metal industry grew by 10.1% compared to the same period last year, with mining investment surging by 49.3% [1] Trade Performance - The total import and export trade of non-ferrous metals amounted to $305.66 billion, reflecting a year-on-year increase of 13.4% [2] - Exports grew significantly by 19.8%, primarily driven by gold products [2] Price Trends - Prices for traditional industrial metals like copper and aluminum have risen, with copper averaging 78,285 yuan/ton (up 4.8%) and aluminum at 20,446 yuan/ton (up 3.7%) [2] - Conversely, prices for new energy metals are under downward pressure, although the rate of decline has slowed [2] Financial Performance - Major non-ferrous metal enterprises reported revenues of 7.398 trillion yuan, a 14.6% increase year-on-year, and total profits of 345.15 billion yuan, up 18.7% [2] - The industry is projected to achieve record revenues close to 10 trillion yuan and profits around 450 billion yuan by the end of the year [3]