Asian Metal visits Fugu Haotian

On November 23, 2018, Mr. Zhao Hao, Sales Director and Ms. Daphne Zhang, Consultant of magnesium industry and senior product manager from Asian Metal visited Fugu Haotian Coal Co., Ltd. They were welcomed by Mr. Wang Huicheng, Vice General Manager, Mr. Bai Lin, Vice Sales General Manager and Mr. Zhang Yanlong, Manager of Haotian. Both sides held in-depth discussions and exchanged views on the current status and future market trend in the magnesium market.

Due to the strict environmental protection policy, the supply of magnesium ingot is very tight in 2018. Therefore, prevailing prices keep rising. Currently, most Shaanxi plants are in full production start and some plants in Shanxi would resume their production, so the supply will increase in coming 2019. They believe prices of magnesium ingot would edge down accordingly.

Haotian would take part in the 8th Magnesium Summit 2019 on 11-12 April, 2019 in Zhuhai.