Business Visits
Asian Metal visits Fugu Yufeng
On the afternoon of December 24th, 2025, Ms. Daphne Zhang, Consultant & Senior Product Manager of Magnesium Market at Asian Metal, visited Fugu Yufeng Magnesium Alloy Co., Ltd., holding in-depth discussions with Mr. Shaowen Wang, General Manager, on the supply-demand situation of the magnesium industry in 2025 and demand growth drivers for 2026. Over the past year, nonferrous metals such as copper and aluminum have experienced repeated volatility amid macro narratives and supply-demand dynamics, with prices remaining elevated. In contrast, the magnesium market has shown a striking “silence,” with prices lingering at low levels near cost lines. Looking ahead to 2026, from the structural revolution of integrated die casting in new energy vehicles to the wave of lightweight upgrades in electric two-wheelers, magnesium alloys and magnesium-based materials such as alloy granules present broad application prospects. The magnesium industry is poised to build momentum, with a promising outlook ahead.

From left: Daphne Zhang, Shaowen Wang
Founded in 2003, Fugu Yufeng Magnesium Alloy Co., Ltd. leverages coal resources and fully utilizes coke oven off-gas as fuel for primary magnesium smelting. It is an integrated energy enterprise encompassing resource conversion, recycling, and environmental protection. The company’s main products include magnesium ingots, semi-coke, and medium-temperature coal tar. By recruiting high-caliber management talent and adopting advanced processes, mature technologies, and scientific management practices, the company has continued to innovate and expand, maintaining a leading position within the industry.

