CCOEC visits Asian Metal

On the morning of November 8, 2017, Li Guohua, vice general manager of Business Department 5, and Jiangchao, project manager, from China National Corporation for Overseas Economic Cooperation (“CCOEC”) visited Asian Metal and discussed with Zhao Hao, executive assistant, and Maggie Lee, market analyst of tantalum- niobium from Asian Metal on Chinese and global current situation and outlook of ferroniobium market in depth.

First of all, Mr. Li made a brief introduction about the basic business model and trading of CCOEC and claimed that they will commit themselves to perfecting and optimizing ferroniobium business which is a newly developed business in recent years and expand the business scope to other relevant ferroalloy businesses in the future. CCOEC and Asia Metal discussed about the current situation and outlook of ferroniobium market and reached consensus that the macroeconomic environment will be on a steady track with opportunities and challenges coexisting in 2018.

Founded in 1965, China National Corporation for Overseas Economic Cooperation, which was established with the approval of the State Council, is a wholly-owned subsidiary of China General Technology (Group) Holding Company (“GENERTEC”), and is one of the national key comprehensive enterprises engaging in the earliest international economic cooperation business in China. Basing on foreign aid material, CCOEC has gradually formed its leading business of international project contracting which promoted the business upgrading of foreign labor cooperation.