Asian Metal visits Shanxi Yinguang Huasheng Magnesium, Shengfu Magnesium Powder Plant and some Wenxi trading companies

On 5 November, 2018, Mr. Hao Zhao, Sales Director and Ms. Daphne Zhang, Consultant of magnesium industry from Asian Metal visited a number of Shanxi-based magnesium production companies and trading companies, including Shanxi Yinguang Huasheng Magnesium Co., Ltd. ("Yinguang Magnesium"), Shanxi Wenxi Shengfu Magnesium Powder Plant ("Shengfu Magnesium ") and a number of trading companies in Wenxi. Both sides held in-depth discussions and exchanged views on the current supply-demand status in the magnesium market as well as on future market trend.

In the morning of 5 November, the AM team first visited Yinguang Magnesium where they met and exchanged views with its vice general manager Mr. Wang Zongkun on environmental policies and supply-demand status in 2018, and also on future development trends and application directions of the magnesium market. Yinguang Magnesium is dedicated mainly to production of magnesium ingot, magnesium alloy, die-castings, extruded products, plates, anodes and rods, and at present it focuses upon research and marketing on downstream deep-processed magnesium products. As a long-term AM member, the company thought highly of the objective, fair and timely information service Asian Metal provides. Mr. Wang also acknowledged the World Magnesium Forums that Asian Metal had organized in the past years, and revealed that his company would take part in the next Eighth Forum to be held by Asian Metal in Zhuhai on 11-12 April, 2019.

In the afternoon of 5 November, the AM team visited Shengfu Magnesium where they met and held in-depth discussions with its general manager Mr. Chai Juncai on the supply-demand status in the primary magnesium and magnesium powder markets. Also as a long-term AM member, Shengfu Magnesium found that it was able to clearly and closely follow and understand market trends thanks to the timely and objective information provided by Asian Metal. Mr. Chai also looked forward to taking part in the Eighth World Magnesium Forum to be held by Asian Metal in Zhuhai on 11-12 April, 2019.

Afterwards, Mr. Hao Zhao and Ms. Daphne Zhang met representatives from a number of Wenxi-based trading companies, and both sides held profound view exchanging on the current and 2019 magnesium markets. For the forthcoming Eighth World Magnesium Forum to be held by Asian Metal in Zhuhai on 11-12 April, 2019, the participants showed strong enthusiasm to take part in.