In 2025, the output of major products in China's non-ferrous metals industry will reach a new high.
February 3, 2026
On February 3rd, the China Nonferrous Metals Industry Association held a press conference to present the operation situation of the nonferrous metals industry in 2025. The relevant officials of the association stated that in 2025, the output of major nonferrous metals products in China reached new highs, maintaining a leading global share. The industrial added value of nonferrous metal enterprises increased by 6.9% in 2025, which was 1.0 percentage points higher than the growth rate of the national industrial added value. The output of ten types of nonferrous metals exceeded 80 million tons for the first time， reaching 81.75 million tons， an increase of 3.9% compared to the previous year， and the average annual growth rate during the "14th Five-Year Plan" period was 5.0%.
According to the association's forecast, the operation of the non-ferrous metals industry will maintain a steady growth trend in 2026. In the first quarter, it will continue to operate steadily following the good situation at the end of last year, achieving a "good start" for the "15th Five-Year Plan". Under the condition that no "black swan" events occur, the preliminary estimate for the main indicators of the non-ferrous metals industry for the entire year of 2026 is as follows:
In terms of production, it will continue to operate stably. It is expected that the added value of the non-ferrous metals industry will increase by around 5%. Based on the production characteristics of non-ferrous metals and the situation of capacity construction, the output of the ten commonly used non-ferrous metals in 2026 will increase by about 2% compared with the previous year.
In terms of prices, the prices of industrial silicon and lithium carbonate are expected to stabilize and rebound in 2026. The prices of major commonly used non-ferrous metals such as copper and aluminum will show a high-level fluctuation. The growth rate of industry operating income is expected to reach 5%, and profits are expected to increase slightly.
