YINHO Magnesium visits Asian Metal

On the afternoon of April 26, 2021, Mr. Ziqi Yang, General Manager of Ningxia Yinho Magnesium Co., visited Asian Metal, and was warmly greeted by Mr. Hao Zhao, Sales Director and Ms. Daphne Zhang, Consultant & Senior Product Manager of Asian Metal.

As the authoritative international metal information agency, Mr. Yang had a deep understanding of the management mode and operation status of Asia Metal. Referring to magnesium market, since early 2020, the unexpected COVID-19 struck the global magnesium market. Entering 2021, supported by rising non-ferrous metals’ prices, increasing raw material prices for coal and ferrosilicon and favorable market trend for downstream automotive industry and building template, prevailing prices for magnesium products would show an upward trend in 2021. Meanwhile, Mr. Yang holds an optimistic attitude about the overall development and application for magnesium market.

Ningxia Yinho devotes to the domestic trading of magnesium ingot, magnesium powder and magnesium alloy. Their monthly trading volume for magnesium ingot reaches around 2,000t and mainly focus on downstream aluminum alloy plants. As a long-term member of Asian Metal, the company speaks highly of the professional consulting services provided by Asian Metal and expects to develop new business through the platform. In addition, he gives highly recognition to Asian Metal’s International Magnesium Summit.