Asian Metal visits Fugu Fangzheng

On the morning of December 27, 2024, Ms. Daphne Zhang, the Consultant & Senior Product Manager of Asian Metal, visited Fugu Fangzheng Magnesium Co., Ltd. and exchanged views with Mr. Xin Zhang, the Deputy General Manager, on the supply changes and price trends of magnesium market in 2025. Both parties believe that although magnesium industry is currently facing various difficulties, as the price gap between magnesium and aluminum increases, the price advantage of magnesium products becomes more prominent. With the advantages of high performance and lightweight of magnesium die-casting products, the application trend of magnesium is still optimistic in 2025.

Fugu Fangzheng Magnesium Co., Ltd. is a private enterprise integrating comprehensive utilization of coal, coke, electricity and metallurgical resources. The company has the resource comprehensive utilization production line of 2×12MW mixed combustion type (coal gangue, coal slime, waste gas) self-provided power generation, 2×13,000kVA ferrosilicon production line, 900,000tpy semi-coke comprehensive utilization project, and 20,000t of magnesium and magnesium alloy production line.

Fugu Fangzheng has been using the price information of Asian Metal as the supply and marketing price index, and highly praised its timely, rigorous and objective market reports. At the same time, they recognized the previous magnesium industry summits of Asian Metal and will actively participate in the 13th Magnesium Summit to be held in Xiamen during April 10-11, 2025.