- On the morning of January 23rd, 2026, Ms. Daphne Zhang, the Consultant & Senior Product Manager of Asian Metal, visited Shanxi Yinguang Huasheng Magnesium Industry Co., Ltd. She held in-depth discussions with Deputy General Manager Mr. Zongkun Wang, Sales Manager Mr. Xiangyun Yang, and Sales Manager Mr. Zejun Lu regarding the supply and demand situation of the magnesium market in 2025, as well as the application prospects and development trends of the magnesium industry in 2026. Mr. Wang frankly stated that magnesium die-casting has become the core direction for demand growth, driven by the dual thrust of the lightweight trend and the widening price differential between magnesium and aluminum. Meanwhile, high-end processing paths such as magnesium extrusion and forging are also expected to see simultaneous demand expansion. Magnesium extrusion and forging are emerging as key areas for expanding high-end applications. Magnesium extruded materials will leverage their advantages of high strength and corrosion resistance in fields like rail transit and construction formwork, while magnesium forged components target scenarios with extremely high demands for lightweighting and structural integrity, such as aerospace and high-performance automotive chassis. These two directions not only represent an upgrade path for magnesium materials from "substitution" to "design-led" but also reflect the industry's strategic determination to continuously break through application boundaries and deepen penetration into high-value-added fields through process innovation.
From left: Zongkun Wang, Daphne Zhang, Xiangyun Yang, Zejun Lu
- Shanxi Yinguang Huasheng Magnesium Industry Co., Ltd. possesses an annual production capacity of 65,000 tons of primary magnesium, 30,000 tons of magnesium alloys, and 50,000 tons of deep-processed magnesium products. The company's seven deep-processing production lines—including die-casting, extrusion, forging, rolling, and casting—have all achieved industrialized production, forming a comprehensive and technologically complete magnesium deep-processing system.
- Shanxi Yinguang Huasheng Magnesium Industry Co., Ltd. has long followed and utilized Asian Metal's price information as a reference for its supply and sales pricing indices, speaking highly of its timely, rigorous, and objective market reporting. Furthermore, the company expressed recognition for the past Magnesium Summits organized by Asian Metal and will actively participate in the 14th Magnesium Summit to be held by Asian Metal in Chengdu, China on April 16-17th, 2026.
