Wogen visits Asian Metal

On the afternoon of September 20, 2019, Mr. Jack Soul, the manager of Wogen Resources Ltd and Mr. David Bi, the manager of Wogen Pacific Ltd Beijing Representative Office visited Asian Metal, and was warmly greeted by Ms. Daphne Zhang, Consultant & Senior Product Manager of Asian Metal.

Both sides communicated about latest developments and future trends in the magnesium ingot and alloy markets. Wogen's regular monthly trading volumes for magnesium ingot and alloy are 500t and100t respectively. They mainly import the material from China and then export to other countries in the world. Taking plenty supply but weakening demand into consideration, especially in automotive industry, the related persons hold pessimistic attitudes towards the market trend in Q4.