5th World Magnesium Forum--Asian Metal

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Sponsor

HISTORY

OverviewMore: The magnesium industry suffered a lot in 2015. Under the dual pressure of oversupply and producers’ shortage of capital, the magnesium price kept falling during the whole year and once dropped to a record low in recent years. During this period, magnesium plants in Shanxi, Ningxia, Inner Mongolia, Xinjiang and other places continued to struggle with price inversion and cut their output slightly. With relatively high production costs, magnesium plants in Shaanxi had already suffered losses, but in view of huge capital pressure and serious consequence of production suspension, they maintained operation arduously. Oversupply problem was further aggravated as some magnesium plants even took the initiative to raise output with the aim of lowering the production cost of single tank.; In 2015, the demand from overseas consumers went down on the whole and profit margins of magnesium products were severely squeezed. End users established direct business relationship with domestic producers successively, making it hard for traders to maintain normal operation. Meanwhile, magnesium export market was under a lot of strain because of the fluctuation in ocean freight and sharp decline in exchange rate.

ContentMore: Chinese magnesium ingot market review and its outlook for 2016; Chinese magnesium ingot export market review and its outlook for 2016; Magnesium powder industry was tumbling in 2015 amid long-term weakness in demand and lingering low prices, which have caused producers to halt production successively. Will the magnesium power market take a turn for the better in 2016?; Application and development trend of magnesium alloy in automobile industry in 2016

Contact UsMore: Participants please contact; Daphne Zhang; Tel: +86-10-59080011/22/33 ext: 894; Fax: +86-10-59080044-801; MP: +86-18600959856; Email: daphne@asianmetal.com

	Before Apr. 13	Rates
AM members	USD1780/person	USD2280/person
Non-members	USD1980/person	USD2480/person
Account name: Asian Metal Ltd Account number: 338956010219 Swift Code: BKCH CN BJ 110 Bank: Bank of China Beijing Guang Hua Lu Sub-Branch, 1/F Haiguan Building, 10 Guanghua Road, Beijing China