Asian Metal visits Gejiu Jinye, marketing department of Gejiu Kaimeng and Gejiu Yunxin Nonferrous

On December 14th, Zhao Hao, the Sales Director from Asian Metal, and Lynn Li, the tin analyst from Asian Metal, visited Gejiu Jinye Renewable Technology Co., Ltd. and were warmly welcomed by Wan Jun, the General Manager, Wang Zichen, the Deputy Director, and Xu Mian, an employer from the purchasing department of the company.

During the communication between the two parties, Mr. Wan disclosed that they have just finished upgrading their fuming furnaces and relevant production technology and can raise their monthly output of crude tin produced by each fuming furnace by at least 20 metal tons now. The company totally owns three fuming furnaces and hasn't realized full production due to the supply shortage of raw material. Meanwhile, Lynn noted the necessity and feasibility of sustainable, healthy and prudent development of tin market in the future from the perspective of industrial chain, discussing with Mr. Wan and Mr. Wang on the upgrading of production technology of fuming furnaces and production plan next year. In addition, Mr. Xu exchanged views with Lynn on challenges in the current raw material market, including the condition of imported ores.Gejiu Jinye hoped to establish deep cooperation with Asian Metal so as to put its undeveloped metal resources into market.

Then, Zhao Hao and Lynn visited the marketing department of Gejiu Kaimeng Industry & Trade Co., Ltd. located in the Century Square in Gejiu and received warm reception from Director Li, Dang Ningyouheng, the Vice Director, and Miss Yang. Lynn and Mr. Deng talked about current spot market of tin ingot, the delivery expectation in the futures market and the upward trend of tin ingot prices. According to Mr. Deng, most tin smelters have raw material problems at present and in terms of sales, companies should avoid risks caused by price fluctuation. The two parties also exchanged views on tin ingot market. Mr. Deng thinks highly about the multi-angle and multi-channel metal information as well as timely data service supplied by Asian Metal.

At last, Zhao Hao and Lynn paid a visit to Gejiu Yunxin Nonferrous Electrolytic Co., Ltd. and made in-depth communication with Shen Yongji, the Manager from the company. As one of mature tin smelters in Gejiu, Gejiu Yunxin has won great reputation by its Yunxiang tin ingot from end users in South and East China. The company maintains normal production of tin ingot at the moment and keeps stable relationships with both upstream and downstream customers. Lynn and Mr. Shen discussed the import condition of Burmese ore in 2019 and the expectation of next year and also exchanged opinions on upward price trend of tin ingot in December. Gejiu Yunxin highly appreciated the timely upstream and downstream information and objective analysis supplied by Asian Metal.