Chinese industrial minerals: Falling prices, rising costs and fierce competition

By Albert Li
Published: Wednesday, 02 September 2015

A storm of anti-competitive problems are affecting the Chinese mining industry according to a report released by the country’s Ministry of Land and Resources. Export prices are too high, domestic prices are too low, taxes are now burdensome and low value added products are all contributing towards a difficult environment for Chinese mineral producers.

The Chinese Ministry of Land and Resources has published its H1 2015 industrial mineral market summary, detailing market depressions in the construction and construction materials sector, the steel production, chemicals and refractories industries, and in the paper and plastics markets.

Total consumption of industrial minerals is falling, many prices are also...

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