On February 7th, the disclosure of the 2024 performance forecast came to an end, and the overall performance of the non-ferrous metal industry in the Shanghai Stock Exchange achieved strong growth, with related companies delivering impressive results. According to statistics, among the 29 non-ferrous metal companies in the Shanghai Stock Exchange, 22 achieved pre increase, turnaround, and loss reduction, with a good news rate of 75%. According to the upper limit of the performance forecast, the total profit is about 77 billion yuan, a year-on-year increase of 64%. Leading enterprises such as Zijin Mining, Luoyang Molybdenum, and Aluminum Corporation of China are leading the market with “acceleration”, demonstrating the resilience and vitality of the industry. Industry insiders indicate that considering the strong support for non-ferrous metal consumption demand in 2025, it is expected that non-ferrous metal prices will continue to strengthen. (Shanghai Stock News)
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