China News Service reported on September 2 that the Ministry of Industry and Information Technology held a series of press conferences on "Industry and Information Development in the New Era" on the 2nd, with the theme of "Promoting the High-Quality Development of the Raw Materials Industry".
Feng Meng, deputy director of the Raw Materials Industry Department of the Ministry of Industry and Information Technology, introduced at the meeting that since the beginning of this year, the raw material industry has developed in a "V" shape, operating below the overall level of the industry, but product prices have gradually returned to a reasonable range.
Among them, the prices of bulk raw materials such as steel, copper, aluminum, cement, and flat glass all fell after reaching the historical highs last year (copper prices were the second highest in history).
In the fourth week of August, the prices of rebar, copper, aluminum, cement, and flat glass dropped by 33%, 17%, 23%, 28%, and 38%, respectively, from the highest point of last year.
Feng Meng said that in the next step, we will adhere to the general work principle of seeking progress while maintaining stability, fully implement the requirements of preventing the epidemic, stabilizing the economy, and ensuring safety in development, and further strengthen operation monitoring and early warning and guarantee for the production of bulk raw materials, so as to serve the industry Chain supply chain security and stability to provide support.
(Zhongxin Finance)
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