Business Visits
Asian Metal visits Qingfeng Technology, Jiufu Technology, Chongqing Vanadium Alloy, Jingyang Technology, Xinrui Vanadium, Changsheng Metal
On January 12, 2022, Asian Metal sales director Mr. Hao Zhao and Vanadium Market Analyst Mr. Jambo Jiang visited Qingfeng Technology Co., Jiufu Technology Co., Chongqing Vanadium Alloy Co., Jingyang Technology Co., Xinrui Vanadium Co., Changsheng Metal Material Co., and received warm receptions by the above enterprises.
On the morning of January 12, Mr. Hao Zhao and Mr. Jambo Jiang first visited Qingfeng Technology Co. and communicated with the company's chairman Mr. Xibing Dai. Both sides exchanged their ideas about the steel mills' current demand and outlook for vanadium nitride, ferrovanadium. Mr. Dai expressed his views about the current excess production capacity of vanadium nitride and poor profit of ferrovanadium. Meanwhile, Mr. Dai believed that the rapidly-released production capacity of vanadium extracted from spent catalyst would relieve the tight supply of vanadium raw materials in domestic market, so the vanadium prices would not increase sharply. Qingfeng Technology highly appreciates Asian Metal’s fair, objective and practicle market information and hopes to keep close contact with Asian Metal in the sustainable development of vanadium market.
From left: Hao Zhao, Xibing Dai, Jambo Jiang
Later, Mr. Hao Zhao and Mr. Jambo Jiang visited Jiufu Technology Co. and communicated with Mr. Yi Zhen, the marketing manager of the company. Both sides exchanged the import & export data of vanadium products in 2021 and overseas customers' situation in detail. Mr. Zhen believed that vanadium nitride is gradually replacing ferrovanadium in the consumption of most overseas steel mills. With a present export volume of around 120t of vanadium nitride and a promising future, the export of vanadium nitride could effectively relieve the oversupply in domestic market. Mr. Zhen spoke highly of Asian Metal’s overall view and timely market information covering the international and domestic markets, and hoped to keep close contact with Asian Metal in the rapid fluctuation of vanadium market.
From left: Hao Zhao, Yi Zhen, Jambo Jiang
On the afternoon of January 12th, Mr. Hao Zhao and Mr. Jambo Jiang first visited Chongqing Vanadium Alloy Co. and had an in-depth exchange with Mr. Yongyue Liu, the marketing manager of the company, on the current demand of domestic steel mills for vanadium nitride. Mr. Liu believed that domestic steel mills cut production due to the carbon emission reduction policy, which resulted in decline of demand for vanadium nitride. With the relief of the policy control in the first half of 2022, the demand from steel mills for vanadium nitride would fully recover. Chongqing Vanadium Alloy Co. highly recognized the fair and objective market information provided by Asian Metal, which is based on the forefront of the market and actual reflection of market. The company would maintain constant cooperation with Asian Metal during the sustainable development of vanadium market.
From left: Hao Zhao, Yongyue Liu, Jambo Jiang
Mr. Zhao Hao and Mr. Jambo then visited Hubei Jingyang Technology Co. and communicated with Mr. Long Sun, the general manager of the company. Both sides deeply discussed the current market situation of vanadium nitride and ammonium metavanadate. Mr. Sun believed that steel mills' demand for vanadium nitride in the first half of 2022 would increase obviously based on no environmental protection restriction. Mr. Sun expressed potive comments on the practicle work on market information by standing at the front line and reflecting the actual market situation, and indicated to maintain close cooperation with Asian Metal.
From left: Hao Zhao, Long Sun, Jambo Jiang
Later, Mr. Hao Zhao and Mr. Jambo Jiang visited Xinrui Vanadium Co. and communicated with Mr. Qinglin Lei, the general manager of the company, and Mr. Weidong Yuan, the general manager of Wuhan Changsheng Metal Material Co. regarding views on the current market development of vanadium pentoxide flakes, vanadium pentoxide powder, ammonium metavanadate, vanadium nitride and ferrovanadium. Xinrui Vanadium has been at the forefront of integration of production and research for years with various independent vanadium production technologies and technical patents. Mr. Lei and Mr. Yuan spoke highly of the objective, timely, and accurate market information provided by Asian Metal and expected further coopeartion with Asian Metal.
