Asian Metal visits Shaanxi Sanxin

On the afternoon of December 27, 2024, Ms. Daphne Zhang, the Consultant & Senior Product Manager of Asian Metal, visited Shaanxi Sanxin (Group) Industrial Co., Ltd. and had an in-depth discussion with Mr. Lin Yang, the Executive Vice President, and Mr. Zhanwu Wang, the Sales Director, on the current difficulties and development trends of magnesium enterprises, and had in-depth exchanges on the supply and demand pattern of the magnesium market in 2025 and the domestic and foreign market demand. Mr. Yang indicated that in the market downturn state, actively responding to the market, diversifying product production and fine cost control are the keys for enterprises to overcome difficulties.

Shaanxi Sanxin (Group) is located in Miaogoumen Industrial Concentration Park, Fugu County, Shaanxi Province. Its production capacities includes 1.65 million ton per year of washed coal, 900,000tpy of semi-coke, 25,000tpy of magnesium, four 25,000kVA-furnaces of ferrosilicon, 2*25MW generator sets, forming a circular economy industrial chain of "semi-coal-tar-coal gas-power generation-ferrosilicon-magnesium".

As a years long membership of Asian Metal, Shaanxi Sanxin highly praised its timely, rigorous and objective market reports. At the same time, it expressed its recognition of the previous magnesium summits held by Asian Metal, and will actively participate in the 13th Magnesium Summit to be held in Xiamen on April 10-11, 2025.