U.I Industry visits Asian Metal

On the afternoon of 14th November, Mr. Akio Yamashita, the president of Japan U.I Industry, visited Asian Metal and exchanged views on ferrosilicon and manganese flake markets respectively with Mr. Kuno Tong, the ferrosilicon market analyst, and Ms. Caroline Li, the manganese market analyst.

Mr. Akio Yamashita indicated that U.I Industry quarterly purchases about 200-300t of ferrosilicon 75%min and supplies to Japanese foundries and steel mills all year round. At present, the Japanese market witnessed sluggish demand and scarce deals. Then Mr. Kuno Tong and Mr. Akio Yamashita exchanged views on the current ferrosilicon market situations in Chinese market and the international market.

Then, Ms. Caroline Li shared with Mr. Akio Yamashita about the current hot events in the manganese flake market and the forecast of the manganese flake market's prices and demand in 2024. Mr. Yamashita reviewed that U.I Industry regularly purchases manganese flake from China, so he concerned about the relevant factors affecting the supply of manganese flake and the impact of the international situation on the demand of manganese flake.

Mr. Aiko Yamashita pointed out that he always takes Asian Metal's ferrosilicon and manganese flake price index for reference before he places orders, and gives high credits to Asian Metal's impartial and timely market information.