Alcoa visits Asian Metal

In the afternoon of November 16, 2018, two staffers of Alcoa (Beijing) Trading Co., Ltd. including Asian Resource Purchase Director Mr. Chen Rui and Shanghai branch Market Analyst Mr. Yang Yijie visited Asian Metal, and held in-depth communications with the Asian Metal team including International Sales Director Mr. Max Zhang and Consultant of Magnesium Industry Ms. Daphne Zhang on the current supply-demand status and future market trend of the magnesium industry. Mr. Chen Rui was interested in impacts of Chinese environmental policies on prices and transactions in the magnesium metal market. Alcoa maintains steady demand for magnesium ingot, purchasing about 13,000tpa of the material via quarterly and half-year orders. As a long-term Asian Metal member, Alcoa thought highly of objective, fair and timely information service Asian Metal has been providing. The Alcoa team also acknowledged the World Magnesium Forums that Asian Metal had organized in the past years, and showed high enthusiasm in taking part in the Eighth Forum to be held by Asian Metal in Zhuhai on April 11-12, 2019.

Alcoa Market Analyst Mr. Yang Yijie also communicated with Asian Metal Manganese Analyst Mr. Alex Yuan on the current manganese flake market conditions and price trends, particularly on topics including distribution of Chinese manganese plants, their production capacities and outputs, factors affecting their operating rates within the recent half year as well as their demand for manganese ores.

With strong interest in operation status of Chinese silicon metal producers and especially those in South China, Mr. Yang Yijie also met Asian Metal Silicon Metal Analyst Ms. Lucy Wu to learn the current market conditions. Mr. Chen Rui shared his opinions related to the long-term and steady supply of silicon metal in China, and expressed their confidence in and support to Asian Metal research on the Chinese silicon metal market.