Asian Metal visits Fugu Yihe Magnesium

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 Yihe Magnesium Co., Ltd. They received a warm reception from Vice General Manager, Mr. Li Pei. Both sides held in-depth discussions and exchanged views on market status of 2018 and market trend of 2019 in the magnesium industry.

Owing to the tight supply and stable market demand, Yihe believes mainstream magnesium ingot prices would remain firm in coming Q1. With an annual production capacity of about 30,000t, the producer produced about 2,300t in November and intends to hold the stable volume in December, without any stocks now. Yihe has been Asian Metal's member for many years and thinks highly of its objective, fair and timely information service. Yihe would take part in the 8th Magnesium Summit 2019 on 11-12 April, 2019 in Zhuhai.