- On June 1, Mr. Hao Zhao, Marketing Director, and Ms. Daphne Zhang, Senior Analyst of Asian Metal, visited Anhui Huanyue Materials Technology Co., Ltd. and had in-depth exchanges and discussion with Anhui Huanyue’s General Manager Mr. Changgao Cao on the global magnesium scrap supply channels and market demand under the background of low carbon. During the visit, Mr. Changgao Cao said that as the low carbon requirements continue to be tightened, the demand for scrap from domestic and foreign magnesium alloy die-casting plants will increase accordingly, bringing new opportunities to the scrap market. Huanyue focuses on tracing the source of products, fine product sorting and ensuring stable packaging, and accurately meets market demand.
From left: Daphne Zhang, Changgao Cao, Hao Zhao
- As a long-term member of Asian Metal, Anhui Huanyue has long paid attention to and referred to Asian Metal's market reports and market prices, and highly praised Asian Metal's objective, timely and accurate information, and highly recognized the previous magnesium summits. Under the background of global low carbon, Anhui Huanyue is committed to the recycling and export of magnesium scrap. Through component testing, fine sorting and packaging and shipment, its products are highly recognized by foreign customers, and the annual average export volume of magnesium scrap reaches a high level. At the same time, Huanyue began to produce magnesium alloy in 2024, leveraging its geographical advantages to integrate magnesium alloy production and sales with auxiliary magnesium alloy waste and anode export sales to establish an integrated industrial chain.
