[Ferro-alloys.com]In quarter4 of 2014, the demand of non-ferrous metal industry in China was still weak and so as to the price. From Jan. of 2015, China started implementing the new environmental laws, which would impact the FeNi, Lead and zinc smelting and copper smelting much and the profit space of the enterprises would also be compressed.

In view of the new laws, it not only pulled up the pollutant emission standards, but increased the penalties to the illegal enterprises.

For Lead and FeNi industry, the industry concentration was low and the small and medium enterprises accounted for large proportions, which were expected to be affected much. Besides, these enterprises also faced the technology and profitability problems. According to the new laws, the enterprises had to invest money to upgrade or reform the facilities, which means more cost consumption. On the whole, under this condition, some small and medium enterprises in FeNi and lead industry would have to exit the market for high environmental cost.

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• [Editor:Juan]