Asian Metal visits China Minmetals Nonferrous Metals
- On April 16, 2015, Vanessa Yang and Sera He, assistant analysts of antimony market from Asian Metal, visited China Minmetals Nonferrous Metals, and communicated with Mr. Yu Mu, general manager of Antimony Division and Mr. Andy Lu, from Antimony Department on current antimony market situation.
- The two sides reviewed both domestic and export markets in Q1. Currently, private smelters in Lengshuijiang area stop production, and other producers keep at the ow level of operating rate with anticipation for higher price by reducing supply on spot market, however, with lasting weak downstream demand, it is hard to predict market trend. Mr. Yu thinks that there is a period of time away before market turns clear.
- In addition, Mr. Yu Mu expressed support for 3rd World Antimony Forum to be held by Asian Metal in Changsha during May 20-21 this year.