Chinese industrial minerals: Falling prices, rising costs and fierce competition
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
Total consumption of industrial minerals is falling, many
prices are also...