Asian Metal visits Dongfang Shaoxing Industrial, East Hope (Sanmenxia) Aluminum and Chalco Henan

On Sep 30-14, 2012 , Asian Metal visited Henan Zhongse Dongfang Shaoxing Industrial Co., Ltd., an aluminum fluoride producer with capacity of 60,000tpy, East Hope (Sanmenxia) Aluminum Co., Ltd., with alumina capacity of 2.5 million tons per year and Chalco Henan with alumina capacity of 2.35 million tons per year.

On the morning of Sep 13, Asian Metal visited Dongfang Shaoxing Industrial and arranged a special interview with Mr. Wei Xue, executive vice president of the company. Senior analyst Friday Gao and analyst Grace Wang from Asian Metal talked about the current aluminum fluoride market with Mr. Wei, who revealed that the current aluminum fluoride capacity in China is surplus and all producers suffer great losses at present. The company is trying to lower raw materials cost to reduce loss.

On the afternoon of Sep 13, Asian Metal had a visit to East Hope and exchanged ideas on the current alumina market information with purchasing director Guo Yong, senior purchasing expert Gao Xiaofang and purchasing manager Han Jianzhong. Mr. Gao and Mr. Guo from East Hope expressed that they do not suffer losses at present as most other producers do. They predicted that alumina price will rebound quickly as consumers from Northwest China are busy with adding stocks before winter.

On Sep 14, Asian Metal visited Chalco Henan and talked about alumina and bauxite market with purchasing director Liu Feng and marketing center director Cao Wei. Mr. Liu showed his opinion on the tight bauxite supply from Indonesia. They once purchased around 200,000t of bauxite from Indonesia each month but few deals were concluded recently after Indonesia controlled export. They halted 300,000tpy of alumina production depending on overseas bauxite. According to Mr. Liu, they are trying to find new sources from Guinea and Brazil. The plant once planned to produce around 2.2 million tons of alumina in 2012, but the production may reduce to 2.1 million tons due to the tight bauxite supply.