Home>Metal Events>World Magnesium Forum 2013

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In 2013, magnesium industry saw shutdown, reorganization and adjustment. Fugu Magnesium Industry Group operating cooperatively companies led to an ascending price against the market, and helped the company to obtaine the discourse power and pricing right gradually. However, can Chinese magnesium industry turn around successfully in this situation? And can the cancellation of the export duty help to largen the application of magnesium metal in downstream markets?

End-users started to build trader relations directly with domestic producers as demand from international market continued to decline with business margins , which issued challenges to intermediate traders. In addition, Customs policies of downgrading exchange rates and raising ocean freight added fuel to the fames to magnesium traders with the result that some participants had envisaged a dead line while others had turned to other fields.

Unprecedented pressures see both challenges and opportunities. Hence, magnesium manufacturers familiar with market disciplines and trend will make the best use of capital, information and new supply mode ahead of time in order to gain an advantage over the future reform.

ProgramMore

Mar. 26 Wednesday
16:00-19:00	Early Registration
18:00-20:00	Welcome Dinner
Mar. 27 Thursday
08:30	Sessions Registration
08:50-09:00	Opening Speech
09:00-09:30	Policy Orientation and Situation Analysis of Domestic and Overseas Macro Economy in 2014
	Liqun Zhang, Director of Marco-economy Research Department
	Chinese State Council Development & Research Center
09:30-10:00	A Western Buyer’sView
	Alain Dery, Marketing director
	Standard Resources Corporation
10:00-10:30	Coffee Break
10:30-11:00	Survival Status of Shaanxi Mg. Plants
	Daniel Chu, Manager of Trading Department
	YulinTianlong Magnesium Co., Ltd.
11:00-11:30	Application Achievements and Aseptic Technique of Magnesium Alloy Auto Parts
	Jianyong Cao, General Manager
	ChongQing Sun Magnesium Co., Ltd.
11:30-12:00	Progress in Light-weight Application of Magnesium Alloys for Vehicles
	GaofengQuan, Professor, Doctorial Supervisor
	Southwest Jiaotong University
12:00-14:00	Lunch

ContentMore

♦How to stand up to repeated shuffles despite of severe competition?

It is necessary for Chinese magnesium industry to avoid dependence on primary products and pay more attention to developing potential domestic market through cooperation and innovation, new magnesium alloy product development and deep-processing industrialization upgrade, in order to make full preparations for entering international market with high value-added products.

♦Duty on magnesium ingot and alloy has been cancelled since January 1st, 2013, how did the cancellation act on the application and development of magnesium metal in overseas markets?

On January 1, 2013, Chinese abolished 10% export tariffs on magnesium and alloy being implemented from 2008. The abolition of tariffs will reduce price range between magnesium and aluminum products which will be conducive to expand the application of magnesium all over the world.

♦Development opportunities and challenges of magnesium industry

Producers keep utilizations at a low level and traders are faced up to challenges as demand declines and prices decrease in an unfavorable economic environment. At the same time, procurement and supply are full of uncertainties due to negative Customs policies, sharp fluctuations of exchange rate and great increase of ocean freight. Magnesium market sees development opportunities as participants can control the market maturely despite of expectations of sunset magnesium industry from sunrise one. Strategic metal industries are faced up to challenges from shrinking demand and declining prices as global economic crisis continues. However, unprecedented challenges mean opportunities at the same time. How to deal with various tests calmly and realize successful transformation are most concerned issues for insiders at present.

♦To promote auto light weight effectively

As the second largest auto producer in the world, China in bearing worse energy problems and environmental pollution. Hence, promoting auto light weight is the potential decision scheme to increase energy utilization in China.

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AM members	USD2280
Non-members	USD2480
Account name: Asian Metal Ltd Account number: 802012717208091001 Swift Code: BKCH CN BJ 110 Bank: Bank of China Beijing Guang Hua Lu Sub-Branch, 1/F Haiguan Building,10 Guanghua Road, Beijing China

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