Asian Metal visits some cemented carbide and cobalt powder producers in Hunan

Ms. Zhang Guoxu, tungsten market analyst and Ms. Kong Zhanrong, cobalt market analysts of Asian Metal, visited some cemented carbide and cobalt producers in Hunan and were welcomed hospitably by local enterprises.

The visiting staffs from Asian Metal visited Zhuzhou Cemented Carbide Group Co., Ltd and received warm reception of Guo Peng, manager of sales department, Yuan Feilong, vice manager of sales department, Ouyang Jian, manager of purchasing department, Zou Cuigao and Zhou Lin, officials of sales department, Jiang Jian, vice manager of Imp.&Exp. Co, Xiao Wenqiang, marketing director of powder materials department and Shen Wang, deputy marketing director. According to officials' introduction, the company produces 5,000 tons of cemented carbide covering all categories of products. They are not confident about the future market in second half of the year considering dull cemented carbide market impacted by the dim domestic economy. The company produces 600 tons of cobalt powder per year, of which 500 tons are used by themselves and rest is sold in spot market. Zhuzhou Cemented Carbide Group Co., Ltd. exported 32t of cobalt powder in 2011 with a target to export 50t in 2012. Officials remain pessimistic about the cobalt powder market owing to the dim downstream demand and ample supply.

Zhuzhou Cemented Carbide Works Import and Export Co. is the international trade organization fully authorized by Zhuzhou Cemented Carbide Group Corporation Ltd. It is mainly engaged in the business of the series of "Diamond" Brand cemented carbide known as China's renowned trademark-tungsten and molybdenum, tantalum and niobium and cobalt products, etc.

The products are widely used in industries of metallurgy, machinery, mining, petroleum-chemistry, electronics, textiles and furniture, etc. It can act as an agent for the import and export of metal materials, mineral products, nonferrous metal products (lead, zinc, indium, bismuth, etc.), mechanical and electrical products and their components, and instruments and apparatus. It is also engaged in the import and export of various commodities and undertakes the processing of supplied materials and machining and assembly of supplied parts as per samples, and compensation trade, and counter trade, transit trade and technology transfer. Its business network spreads over more than 70 countries and regions.

Ms. Kong Zhanrong visited Zhuzhou Jinding Cemented Carbide Co., Ltd. and Zhuzhou Kingtal Cemented Carbide Co., Ltd. on June 15th and met the sales and purchasing officials of Zhuzhou Dingli Industrial Co., Ltd.. Asian Metal visited the manufacturing shops of the companies, learnt the production technology and exchanged the opinions of recent cemented carbide and cobalt market trend.

Ms. Zhang Guoxu visited Zhuzhou Mingri Cemented Carbide Co., Ltd. and was warmly received by Yuan Siming, Chairman and Lu Pan of Purchasing Department. According to sources, the company produces 500 tons of cemented carbide per year and its main product is wear parts products. Asian Metal exchanged opinions with them and Mr. Yuan expressed his opinion about future cemented carbide market.

Zhuzhou Jinding Cemented Carbide Co., Ltd. is a private corporate enterprise founded in 2004 with a registered capital of RMB5 million and it mainly deals with the research and production of cemented carbide. Its research and production base is located in the national high-tech development zone of Zhuzhou, Hunan and it has a 3500m2 plant area, 60 staff and 40% of who are professional technician. It is a high-tech enterprise in Hunan province which already passed the ISO9000 quality system authentication and its new coarse grain cold heading and cold blunt cemented carbide has enrolled into the national Torch Plan Project. It has independent intellectual property rights with 8 utility models and it is dealing with the right of import and export, forming export department and developing the international market.

Zhuzhou Kingtal Cemented Carbide Co., Ltd. is located in Zhuzhou National Hi-tech Development Zone with an area of over 70 mu, owning the most advanced technique and production & testing equipments. The company focuses on high-performance hard-alloyed blunt insert for mining, and oil field, pick cutting for coal mine and projects, polycrystalline diamond compact base tab, cutting alloy for channeling, high-performance mould material.

Zhuzhou Dingli Industrial Co., Ltd. is based in Zhuzhou, Hunan with continent traffic conditions. The company specializes in cobalt powder production with an area of over 8,000m2.

Zhuzhou Mingri Cemented Carbide Co., Ltd. was founded in May, 2001, with a total investment of RMB20 million, and it has an annual production of over 500t, whose products are sold in China as well as in the USA, EU, Japan, Taiwan and Southeast Asia.