Sumitomo (Shanghai) visits Asian Metal

On 19 April, 2023, Mr. Jin Gu, General Manager of Nonferrous Raw Materials Department, Sumitomo Corporation (Shanghai) Ltd., together with Mr. Yusuke Haraguchi and Ms. Miao He, visited Asian Metal and exchanged Molybdenum and Vanadium market views with Mr. Jambo Jiang, the Molybdenum & Vanadium Market Analyst.

Both sides conducted in-depth analysis and discussion on China's import of molybdenum concentrate and molybdenum oxide, as well as the policies, taxation, opportunity, pricing, trade barrier and other aspects of China's export of ferromolybdenum and other molybdenum products. Then both sides exchanged in-depth views on the background of the heatedly-discussed vanadium battery industry in the recent years.

Sumitomo Corporation is a comprehensive international large metal mining enterprise. The company has copper-molybdenum associated mines in Chile. In the field of molybdenum and vanadium, the company mainly engages in the international trade of molybdenum concentrate, molybdenum oxide, vanadium pentoxide and other raw material products and the clients are mainly in Japan and other Asian regions. Sumitomo Corporation (Shanghai) has been using Asian Metal Information Service for many years, and the company speaks highly of Asian Metal’s professional, pragmatic, objective and independent work.