Asian Metal visits Gree Technology, Lio Investment & Commerce, Changyang Hongxin Industrial Group and Hunan Coran Industry & Commerce Co., Ltd

During 13-14th March, Victor Hu, senior analyst of Asian Metal and Frank Chen, manganese market analyst visited Hunan Gree Technology Co., Ltd, Lio Investment & Commerce Co., Ltd, Hubei Changyang Hongxin Industrial Group Co., Ltd and Hunan Coran Industry & Commerce Co., Ltd. Victor Hu and Frank Chen were welcomed by the four enterprises.

On the morning of 13th March, Asian Metal visited Hunan Gree Technology Co., Ltd, which is in production of manganese ore, manganese briquette and manganese lump, with a production capacity of about 10,000tpy. Yu Changqing, the CEO, and Xu Tao, the purchasing manager guided Asian Metal to visit the processing workshop of manganese lump and introduced the production. Besides, they shared views with Asian Metal on the costs of manganese, the scale of production, etc.

On the afternoon of 13th March, Asian Metal visited Lio Investment & Commerce Co., Ltd, and was welcomed by Li Siwen, the vice president, and Leng Jundun, the sales director. The company is the brother company of Yiyang Kinglon New Material Co., Ltd, and mainly focuses on the trading of manganese flake, manganese briquette and manganese lump both in the domestic market and the export market. Mr. Li and Mr. Leng fully communicated with Asian Metal about the market performance and market outlook of manganese. The company has newly become a member of Asian Metal, and spoke highly of the information and the service provided by Asian Metal.

On the morning of 14th March, Asian Metal visited Changyang Hongxin Industrial Group, and interviewed Miss Liang Ying, the deputy general manager. The company is one of the top three leading manganese producers in China, with a current production capacity of about 140,000tpy. Miss Liang mainly talked about their production plan and business scale of 2013, the overall production situation of Chinese manganese industry, the export market performance after the cancelation of Chinese manganese export duty, as well as the market outlook of manganese with Asian Metal. The company regards Asian Metal as the authoritative third party platform of manganese.

On the afternoon of 14th March, Asian Metal visited Hunan Coran Industry & Commerce Co., Ltd, and was welcomed by Xia Jinsong, the general manager, and Sheng Yanxi, the export manager. The company is one of the leading manganese exporters in China, with a production capacity of 50,000tpy, 90% of which is supplied to foreign end users. Mr. Xia disclosed that they plan to expand the production capacity to 100,000tpy in the second half of 2013. In the meantime, he talked in depth with Asian Metal about the changes in demand of manganese flake, manganese briquette and manganese lump after the cancelation of Chinese manganese export duty.