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Home / Metal News / Regulated by Policy, What’s the Influence of Real Estate on Zinc Consumption?

Regulated by Policy, What’s the Influence of Real Estate on Zinc Consumption?

iconOct 23, 2017 08:34
Source:SMM
It is learned that from January to September, domestic real estate investment rises 8.1% compared with last year, with the first rebound for the growth after consecutive 5-months’ drop.

SHANGHAI, Oct. 23 (SMM)－It is learned that from January to September, domestic real estate investment rises 8.1% compared with last year, with the first rebound for the growth after consecutive 5-months’ drop. Despite high increase of land acquisition, dragged by poor sales condition, the growth of newly-operating rate has diving from 10.6% to 1.4% in the third quarter. SMM thinks if the real estate in the fourth quarter continues to decline, the real estate industry which has been in great demand of zinc, is probably declining in its growth this year.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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