Business Visits
Asian Metal visits Shanxi Regal Advanced Material, Wenxi Zhenxin Magnesium
On November 7, 2018, Mr. Hao Zhao, Sales Director and Ms. Daphne Zhang, Consultant of magnesium industry from Asian Metal visited a number of magnesium manufactures, including Shanxi Regal Advanced Material Co., Ltd. ("Shanxi Regal") and Wenxi Zhenxin Magnesium Co., Ltd. ("Zhenxin Magnesium"). Both sides held in-depth discussions and exchanged views on the current status and future market trend in the magnesium market.
In the morning of November 7, the AM team first visited Shanxi Regal. They met and exchanged views with Shanxi Regal Vice General Manager Mr. Yan Guoqing and Sales Manager Mr. Li Zhongkai on magnesium alloy supply-demand status. Shanxi Regal owns an annual production capacity of 70,000t magnesium alloy, 50,000t aluminium and 25,000t magnesium ingot. The products have been widely applied to the automotive, aerospace, 3C and many other industrie. Regal has been Asian Metal members for many years and thinks highly of its objective, fair and timely information service. Shanxi Regal showed strong enthusiasm in taking part in the 8th Magnesium Summit 2019 on 11-12 April, 2019 in Zhuhai.
From the left: Hao Zhao, Guoqing Yan, Daphne Zhang, Zhongkai Li
Afterwards, Zhao Hao and Daphne Zhang visited Zhenxin Magnesium where they met and held discussions with its General Manager of magnesium powder plant Mr. Zhang Fuyong on the current supply-demand status of magnesium powder. Mr. Zhang showed strong enthusiasm in taking part in the 8th World Magnesium Summit to be held by Asian Metal in Zhuhai on 11-12 April, 2019.
From the left: Qi Zhang, Hao Zhao, Fuyong Zhang, Daphne Zhang
Later, the AM team visited Zhenxin Magnesium where they met and held discussions with its General Manager Liu Xiaolong and Sales Director Ms. Wang Xiaobin on environmental protection requirements from Shanxi environmental authorities as well as on operating rates of local magnesium alloy plants. With a regular monthly production volume of 4,000t of magnesium alloy and 1,800t of magnesium ingot, Zhenxin won the recognition of customers in the magnesium alloy industry. Zhenxin signed long term contracts in line with AM prices. The company also has been a long-term member of Asian Metal, and quite acknowledges AM's objective, fair and time information service. Zhenxin showed strong enthusiasm in taking part in the 8th Magnesium Summit 2019 on 11-12 April, 2019 in Zhuhai.
From the left: Hao Zhao, Xiaolong Liu, Daphne Zhang, Xiaobin Wang