Asian Metal visits C&D Logistics Group, Xiamen Modern Terminal, ZTK-Group, Zhanjiang Redsun Rare Earth and other titanium companies

On June 5-8, 2013, Fairy Feng, analyst of titanium from Asian Metal visited C&D Logistics Group Co., Ltd., Xiamen Modern Terminal Co., Ltd., ZTK Group (Fujian) Co., Ltd., Zhanjiang Redsun Rare Earth Co., Ltd., Zhanjiang Jindi Mineral Co., Ltd., Suixi Maofeng Dressing Plant., Zhanjiang Kuangbao Mineral Co., Ltd., Zhanjiang Dongya Mineral Co., Ltd. and Zhanjiang Lianfeng Mine Co., Ltd.

On the morning of June 5, Asian Metal visited ZTK Group (Fujian) Co., Ltd. and talked with Wujin Chen, the assistant of general manager of the company Mr. Chen introduced the recent development of the company and that their business is trading titanium rutile and zirconium, with the trade volume of 500tpm of titanium rutile.

On the afternoon of June 5, Asian Metal visited C&D Logistics Group Co., Ltd., and met with Fan Cai, the general manager of Purchasing Department. Mr. Cai expressed that the import of titanium ilmenite this year is not optimistic with weakening demand, and the market may keep slow in the second half of this year. Meanwhile, the company also paid more attention to the 8th World Minor Metal Summit 2013 which will be held by Asian Metal on October 23-25 in Sanya and they plan to assist the summit.

Then, Asian Metal visited Xiamen Modern Terminal Co., Ltd. and met with Weihua Zhang, the marketing manager of the company. Mr. Zhang introduced that the company was founded in December 2013 and invested by Xiamen Xiangyu Group, Xiamen C&D Logistics Co., Ltd. and Zijin Mining Group Co.,Ltd.. Its coastline is 913 meters and the handling capacity is 42 million tons per year.

On the afternoon of June 6, Asian Metal visited Zhanjiang Redsun Rare Earth Co., Ltd. and met with Yi Zheng, the general manager of the company. Mr. Zheng introduced the main business of the company, and they are the processor for titanium ore, zircon sand ,titanium rutile and rare earth. Mr. Zheng appreciates Asian Metal and also pays more attention to the 8th World Minor Metal Summit 2013 held by Asian Metal and they will attend the summit.

On the morning of June 7, Asian Metal visited Suixi Maofeng Dressing Plant.. Bai Zheng, the general manager of the company welcomed Asian Metal. Mr. Zheng introduced that they are the processor of titanium ilmenite, titanium rutile and zircon sand, with the output of 5,000tpm. He led the visitor to their plant and stated that they refuse to sell due to low price, but they also meet the problem of oversupply. He is not optimistic about the future market.

On the afternoon of June 7, Asian Metal visited Zhanjiang Jindi Mineral Co., Ltd. and met with Yu Cai, the general manager of the company. They have two plants in Suixi town which process titanium ilmenite, titanium rutile and zircon sand. Mr. Cai expressed that although the company holds lots of inventrories now, they are reluctant to sell owing to current low price. He is pessimistic about the market. Then Asian Metal visited their two plants.

On the morning of June 8, Asian Metal visited Zhanjiang Kuangbao Mineral Co., Ltd. and met with Chuanfei Chen, general manager and Junjie Zou, the vice-general manager of the company. The company mainly imports titanium ilmenite and zircon sand and they also do some work of customs declaration. Mr. Chen explained they just began the business now and the sale is bad under the gloomy economy.

Then, Asian Metal also met with Yujun Wu, the general manager and Rongbiao Feng, general manager of marketing department of Zhanjiang Dongya Mineral Co., Ltd.. The company is the biggest processor of titanium ilmenite and zircon sand in Zhanjiang city and they also have a company who produces weld rod and another dressing plant in Guangxi province. Mr. Wu stated that current titanium ilmenite market is nearing its bottom of this year with dropping price and demand, and the market is hard to go up.

On the afternoon of June 8, Asian Metal visited Zhanjiang Lianfeng Mine Co., Ltd. and welcomed by Gang Xie, the general manager of the company. Mr. Xie expressed that they also under the pressure of high stockpiles, and they refuse to sell due to the low price which is below the cost. Mr. Xie led visitor to their plant and highly appreciated Asian Metal's market information.