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HISTORY

World Magnesium Forum 2015

April 16-17, 2015 Chengdu, China

World Magnesium Forum 2014

March 26-28, 2014 Nanjing, China

World Magnesium Forum 2013

March 20-22, 2013 Hangzhou, China

World Magnesium Forum 2012

March 28-30, 2012 Xi'an, China
OverviewMore
The magnesium industry suffered a lot in 2015. Under the dual pressure of oversupply and producers’ shortage of capital, the magnesium price kept falling during the whole year and once dropped to a record low in recent years. During this period, magnesium plants in Shanxi, Ningxia, Inner Mongolia, Xinjiang and other places continued to struggle with price inversion and cut their output slightly. With relatively high production costs, magnesium plants in Shaanxi had already suffered losses, but in view of huge capital pressure and serious consequence of production suspension, they maintained operation arduously. Oversupply problem was further aggravated as some magnesium plants even took the initiative to raise output with the aim of lowering the production cost of single tank.
In 2015, the demand from overseas consumers went down on the whole and profit margins of magnesium products were severely squeezed. End users established direct business relationship with domestic producers successively, making it hard for traders to maintain normal operation. Meanwhile, magnesium export market was under a lot of strain because of the fluctuation in ocean freight and sharp decline in exchange rate.
ContentMore
Chinese magnesium ingot market review and its outlook for 2016
Chinese magnesium ingot export market review and its outlook for 2016
Magnesium powder industry was tumbling in 2015 amid long-term weakness in demand and lingering low prices, which have caused producers to halt production successively. Will the magnesium power market take a turn for the better in 2016?
Application and development trend of magnesium alloy in automobile industry in 2016
Contact UsMore
Participants please contact
Daphne Zhang
Tel: +86-10-59080011/22/33 ext: 894
Fax: +86-10-59080044-801
MP: +86-18600959856
Email: daphne@asianmetal.com
Registration RatesMore

 

Before Apr. 13

Rates

AM members

USD1780/person

USD2280/person

Non-members

USD1980/person

USD2480/person

Account name: Asian Metal Ltd
Account number: 338956010219
Swift Code: BKCH CN BJ 110
Bank: Bank of China Beijing Guang Hua Lu Sub-Branch, 1/F Haiguan Building, 10 Guanghua Road, Beijing China