Shanxi Yinguang Huasheng Magnesium visits Asian Metal

On the morning of October 29, 2019, Mr. Zongkun Wang, the General Magnager and Mr. Wei Yang, the manager of Shanxi Yinguang Huasheng Magnesium Co., Ltd. visited Asian Metal, and was warmly greeted by Mr. Hao Zhao, Marketing Director and Ms. Daphne Zhang, Consultant & Senior Product Manager of Asian Metal. They discussed about the development direction and promising application for magnesium products deeply.

Mr. Wang speaks highly of past magnesium conferences held by Asian Metal and would take part in the 9th Magnesium Summit on 9-10 April, 2020 in Hangzhou.

With a regular monthly output of 2,400t of magnesium ingot, 900t of magnesium alloy and 2,200t of reductive calcium ingot, Shanxi Yinguang reduced their production volume to 1,000t in October restricted by the slow demand and price inversion. In order to avoid price competition in magnesium ingot 99.9%min industry, Yinguang is committed to produce highly quality magnesium bar production, light alloy products and expand the application of magnesium products in military and aerospace industries. They expect to pursue reasonable profits in the processing of high-value products.