SHANGHAI, Mar. 2 (SMM) -- As the NPC and CPPCC are going to take place, SMM surveyed about a hundred enterprises in the nonferrous metal industry and finds that 87% of lead and zinc producers concern environmental protection issue.
Many heavy metal pollution accidents have been reported recent years, and what did environmental protection bring to the lead and zinc industry? Will the sudden inspections heal the industry? Domestic requirements for environmental protection should be raised, and the industry will not develop healthily unless lead and zinc producers base on the efforts on environmental protection.
Vice president of Fujian Yaheng Power Technology Company Gu Xiufeng told SMM that China has been stricter with lead producers on environmental protection issue, so they are faced with heavy pressure and it is the only way out to produce based on environmental protection requirements.
50% of enterprises focus on domestic monetary policies and downstream demand. Most of enterprises said currently low downstream demand is a result of national credit tightening policies and slow economic growth, while domestic environmental protection inspections forced many lead battery producers and galvanizers to close or suspend production, also affecting downstream demand.
10% enterprises concern RMB exchange rate issue. Those enterprises are engaged in export trade, so the fluctuation of exchange rate affected their orders.