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  • Taiyuan Kangmei Technology to increase magnesium alloy output

    2016-02-29 08:57:39   [Print]
    BEIJING (Asian Metal) 29 Feb 16 - A related source disclosed to Asian Metal that Taiyuan Kangmei Technology Co.Asian Metal Copyright Considering this situation, the plant to start a second production line and to increase magnesium alloy output to 1,400 tons.Asian Metal Copyright, Ltd.Asian Metal Copyright Into late February, consumers consumed up the stocks purchased before the holiday, and they began to make replenishments for coming month.Asian Metal Copyright to raise magnesium alloy production volume from 700 tons in February to 1,400 tons in March.

    “As demand was very weak and we received few orders in February, in addition, our plant suspended during the Spring Festival holiday (7 Feb to 14), so the output of magnesium alloy was just about 700 tons this month,” said the source. Into late February, consumers consumed up the stocks purchased before the holiday, and they began to make replenishments for coming month.Asian Metal Copyright “Our plant mainly concentrates on magnesium alloy OME, and the processing cost is about RMB1,600t USD246t,” said the source, adding that he received an order for 120 tons late last week.Asian Metal Copyright Considering this situation, the plant to start a second production line and to increase magnesium alloy output to 1,400 tons. “Our plant mainly concentrates on magnesium alloy OME, and the processing cost is about RMB1,600/t (USD246/t),” said the source, adding that he received an order for 120 tons late last week.

    The plant, whose annual capacity of magnesium alloy is 21,600 tons, produced about 700 tons in February and plans to increase the output to 1,400 tons in March, holding no stocks on hand for the moment.

    .Asian Metal Copyright The plant, whose annual capacity of magnesium alloy is 21,600 tons, produced about 700 tons in February and plans to increase the output to 1,400 tons in March, holding no stocks on hand for the momentAsian Metal Copyright
    Magnesium Alloy AZ91D FOB China
    Unit:USD/mt
    Magnesium Alloy AZ91D FOB China USD/mt
    China magnesium alloy producers' sales volume statistics by month
    Unit: mt
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