Asian Metal visits Shanxi Regal, Shanxi Zhenxin

On the morning of 6 December, Ms. Daphne Zhang, Consultant & Senior Product Manager of Asian Metal, visited Shanxi Regal Metal New Material Co., Ltd. and held in-depth discussions with Ms. Mingju Wang, the Vice President of supply and Marketing and Mr. Huakui Zhang, the Vice President of Administration of the company, regarding the changes in primary magnesium supply and downstream application status. In the upcoming 2025, how to promote the demand of foreign market and how to open up the situation in the application of magnesium-based new materials is the direction for insiders to make efforts.

Regal Metal is a modern enterprise, specializing in the research, development, production and sales of primary magnesium ingots, magnesium alloys, aluminum alloys, aluminum and magnesium alloy extrusion, aluminum and magnesium alloy sheet and strip rolling, and other deep-processed products. The total design capacity of the division is more than 600,000t, including 30,000t of primary magnesium ingot, 100,000t of magnesium alloy, 390,000t of aluminum alloy, 80,000t of aluminum and magnesium alloys deep-processing and other extended products.

Regal, a member of Asian Metal for many years, has long been paying attention to and referring to Asian Metal's market reports and market prices, and also highly appreciated the previous magnesium summits. Regal will consider to attend the upcoming 13th Magnesium Summit during 10-11 April in 2025 in Xiamen.

Later, Ms. Daphne Zhang, Consultant & Senior Product Manager of Asian Metal, visited Shanxi Zhenxin Magnesium Co., Ltd. and exchanged opinions about the current magnesium market status and bottlenecks of development. With the coming of 2025, how to effectively balance the current situation of magnesium supply and demand and how to expand the application of magnesium products become the key issues in the industry. Additionally, it is also a breakthrough point to open a new outlook in the magnesium industry.

Zhenxin has formed a complete magnesium industry chain of “primary magnesium smelting-alloy melting-product processing-waste recycling”. At present, the company has an annual output of 30,000t of primary magnesium ingot, 60,000t of magnesium alloy, 5,000t of magnesium alloy particles, 5,000t of magnesium sacrificial anode, 3,000t of magnesium rods, 10,000t of magnesium metal powder and 20,000t of die casting production capacity. They own product sales and service in Guangdong, Nanjing, Tianjin and other places.

As a years-long partner of Asian Metal, Zhenxin has been referring to market information and prices provided by Asian Metal for a long time. Zhenxin thought highly of objective, fair and timely market information provided by Asian Metal and also gave positive comments on previous magnesium summits held by Asian Metal, planning to attend the 13th Magnesium Summit to be held by Asian Metal in Xiamen on April 10-11, 2025.