China’s Copper Smelting Industry: Revenue Soars in 2011

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After declines in 2009 and a strong recovery in 2010 and 2011, the Copper Smelting industry in China is expected to grow steadily in the five years through 2016, according to IBISWorld, America’s largest publisher of industry research. Industry revenue is forecast to increase at an annualized rate of 17.5% over the outlook period, reaching US$212.3 billion. Rapid rises in international copper prices are expected to lead to more investment in copper smelting in the next few years.

IBISWorld Market Research

IBISWorld Market Research

With steadily growing copper consumption in China and increasing prices, industry revenue is expected to soar by 40% in 2011.

Copper prices increased dramatically during the first half of 2011, but declined sharply in the third quarter due to concerns of slowing economic growth and a debt crisis in Europe. However, with steadily growing copper consumption in China and increasing average prices during the year, Copper Smelting industry revenue is expected to soar by 40% in 2011, according to analysis by IBISWorld.

With improving economic conditions in China and around the world and with strong price increases, China's Copper Smelting industry rebounded strongly in 2010 with industry revenue growth of 48.2%. The Chinese Government's investment package to stimulate the economy is expected to have positive effects on China's power, transportation, construction and manufacturing sectors, which will in turn boost industry demand. Due to strong domestic demand and scarcity of copper resources in China, imports remained an important source to supply the domestic market.

Benefiting from the expanding domestic demand, the Copper Smelting industry in China is expected to grow steadily in the five years through 2016, with industry revenue forecast to increase at an annualized rate of 17.5% to US$212.3 billion.

For more information visit IBISWorld’s Copper Smelting in China report
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The Copper Smelting industry in China consists of companies that extract copper from copper ore or copper scrap, by smelting, refining or electrolyzing. This industry also includes the production of copper-based alloys during copper smelting.

Main Activities
Felling trees
Provisional storage of logs
Short-distance transportation of logs

Copper Smelting Industry Report Key Topics
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on 200 Chinese industries. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.cn or call 1-800-330-3772.

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Jordan Ho
IBISWorld
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