Combined Net Profit of Major Chinese Lead and Zinc Smelters Down 74.1% YoY in H1-Shanghai Metals Market

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Combined Net Profit of Major Chinese Lead and Zinc Smelters Down 74.1% YoY in H1

Industry News 01:16:23PM Dec 07, 2009 Source:SMM

BEIJING, Aug. 6 -- Major lead and zinc smelters under the China Nonferrous Metals  Industry Association (CNIA) recorded a combined net profit of RMB 719 million ($105.26 million) in the first half of 2009, plummeting 74.1% YoY, according to a report released by the Ministry of Industry and Information Technology on Aug. 5.

    The 15 smelters generated total sales revenue of RMB 30.42 billion ($4.45 billion) during the period, down 30.5% YoY, the report said.

    During the first six months of this year, China's lead output hit 1.66million mt, up 14.08% YoY, while zinc output was 1.89million mt, down 1.57% YoY.

    The table below shows China's top 10 lead producing regions in the first half of 2009, which produced a total of 1.55 million mt of lead, or 93.73% of China's total lead output.

    Top 10 lead producing regions, January to June 2009

Rank
Location
Output (kt)
YoY Change (%)
1
Henan
601
9.13
2
Hunan
303.5
43.95
3
Anhui
231.9
42.6
4
Yunnan
106.7
-31.99
5
Jiangsu
71
8.32
6
Guangxi
64.9
-12.5
7
Guangdong
63.1
5.31
8
Shaanxi
43.1
314.45
9
Chongqing
35.4
110.97
10
Hubei
33.6
42.57

    Source: CNIA

    The table below shows China's top 10 zinc producing regions in the first half of 2009, which produced a total of 1.79 million mt of zinc, or 94.71% of China's total zinc output.

    Top 10 zinc producing regions, January to June 2009

Rank
Location
Output (kt)
YoY Change (%)
1
Hunan
434.8
8.37
2
Yunnan
345.3
-6.91
3
Shaanxi
166.7
-7.76
4
Liaoning
159.1
-11.65
5
Guangxi
151.4
1.40
6
Henan
134.5
43.82
7
Guangdong
109.8
0.81
8
Sichuan
103
0.19
9
Inner Mongolia
96.3
-16.86
10
Gansu
88.3
-8.98

    Source: CNIA

    (Source: INTERFAX-CHINA)

Key Words:  CNIA  lead Pb  zinc Zn 

Combined Net Profit of Major Chinese Lead and Zinc Smelters Down 74.1% YoY in H1

Industry News 01:16:23PM Dec 07, 2009 Source:SMM

BEIJING, Aug. 6 -- Major lead and zinc smelters under the China Nonferrous Metals  Industry Association (CNIA) recorded a combined net profit of RMB 719 million ($105.26 million) in the first half of 2009, plummeting 74.1% YoY, according to a report released by the Ministry of Industry and Information Technology on Aug. 5.

    The 15 smelters generated total sales revenue of RMB 30.42 billion ($4.45 billion) during the period, down 30.5% YoY, the report said.

    During the first six months of this year, China's lead output hit 1.66million mt, up 14.08% YoY, while zinc output was 1.89million mt, down 1.57% YoY.

    The table below shows China's top 10 lead producing regions in the first half of 2009, which produced a total of 1.55 million mt of lead, or 93.73% of China's total lead output.

    Top 10 lead producing regions, January to June 2009

Rank
Location
Output (kt)
YoY Change (%)
1
Henan
601
9.13
2
Hunan
303.5
43.95
3
Anhui
231.9
42.6
4
Yunnan
106.7
-31.99
5
Jiangsu
71
8.32
6
Guangxi
64.9
-12.5
7
Guangdong
63.1
5.31
8
Shaanxi
43.1
314.45
9
Chongqing
35.4
110.97
10
Hubei
33.6
42.57

    Source: CNIA

    The table below shows China's top 10 zinc producing regions in the first half of 2009, which produced a total of 1.79 million mt of zinc, or 94.71% of China's total zinc output.

    Top 10 zinc producing regions, January to June 2009

Rank
Location
Output (kt)
YoY Change (%)
1
Hunan
434.8
8.37
2
Yunnan
345.3
-6.91
3
Shaanxi
166.7
-7.76
4
Liaoning
159.1
-11.65
5
Guangxi
151.4
1.40
6
Henan
134.5
43.82
7
Guangdong
109.8
0.81
8
Sichuan
103
0.19
9
Inner Mongolia
96.3
-16.86
10
Gansu
88.3
-8.98

    Source: CNIA

    (Source: INTERFAX-CHINA)

Key Words:  CNIA  lead Pb  zinc Zn