Asian Metal visits Baotou Steel Rare Earth International Trade, Baotou Steel Rare Earth Magnetic Materials and Baotou Yikun

In order to understand the industry needs, seek better cooperation with customers and conduct market research, on December 13, 2017, Eric Qiu, Asian Metal rare earth market analyst, and Liu Guojian, Asian Metal president assistant visited Inner Mongolia Baotou Steel Rare Earth International Trade Co., Ltd., Inner Mongolia Baotou Steel Rare Earth Magnetic Materials Co., Ltd. and Baotou Yikun Metallurgical Co., Ltd.

On the morning of December 13, Eric Qiu and Liu Guojian visited Inner Mongolia Baotou Steel Rare Earth International Trade Co., Ltd., and had discussion with General Manager Liu Haifeng, International Trade Department director Yu Jingxue and Integrated Management Department director Liang Lixia. Both parties had in-depth exchanges on the tight supply of LaCe in May, imported rare earth ore and related policies on rare earth. Mr. Liu stated that as a supply and marketing port of Northern Rare Earth, Inner Mongolia Baotou Steel Rare Earth International Trade Co., Ltd. will continue committing to maintain the industry running steadily. In addition, Asia Metal invited the company to attend the International Rare Earth Summit to be held in Sanya, Hainan from May 10th to 11th, 2018 and serve as a guest participant.

On the afternoon of December 13, Eric Qiu and Liu Guojian visited Inner Mongolia Baotou Steel Rare Earth Magnetic Materials Co., Ltd. and talked with Jia Haijun, director of marketing department and Zhang Ying, deputy director of purchasing department. Resource Baotou Rare Earth magnet stated that their NdFeB SC alloy output will grow to about 10,000 tons, up by 113% YOY. Both parties communicated about purchasing channels of rare earth metal products and the status of rare earth magnet materials industry in Baotou, etc. Then Eric Qiu and Liu Guojian visited the company's production workshop accompanied by Director Zhang.

On the afternoon of December 13, Eric Qiu and Liu Guojian visited Baotou Yikun Metallurgical Co., Ltd. and discussed with General Manager Wu Wensheng. Mr. Wu fully affirmed Asia Metal's quotation, market information and data collection about rare earth products. Both parties also actively discussed the spot market conditions, rare earth market trend and other aspects. Mr. Wu stated that he would support the 10th International Rare Earth Summit to be held in Sanya, Hainan from May 10th to 11th, 2018.