Yunhai metal closed the trading limit at the end of the day, and this morning Yunhai metal rallied again, then narrowed its gains, but still rose more than 8%, and its intraday share price hit its highest level since March 2011.
According to public information, Yunhai Metal is one of the largest professional magnesium alloy manufacturers in the world, undertaking the national science and technology plan project, the development and application of key technologies of magnesium and magnesium alloys, and mastering liquid metal technology. As the leader of the magnesium industry, Yunhai metal has mining rights, from dolomite to magnesium alloy products and deep processing of the complete industrial chain, its products magnesium alloy and aluminum alloy are the main materials for automotive lightweight, of which 40% of magnesium alloy products are used in the automotive field. Previously, Yunhai Metal said that the company's original magnesium production capacity is 100000 tons, magnesium alloy production capacity is 180000 tons, by 2023, the original magnesium production capacity will be expanded to 250000 tons, magnesium alloy production capacity will be expanded to 350000 tons.
Over the past month, magnesium prices have continued to rise. On September 16, the spot price of SMM magnesium alloy AZ91D averaged 42100 yuan / ton, up 13.48% from yesterday, and up as much as 72.5% in the past month. Yunhai Metal as the leader of the magnesium industry, the rising price of magnesium makes it continue to make a profit.
"Click to view the spot price of SMM
On the news side, the Yulin Municipal Development and Reform Commission recently issued a notice on ensuring the completion of the target task of double control of energy consumption in 2021, emphasizing that the situation of the dual control of energy consumption in the city is grim, and some key energy-using enterprises are subject to regulation and control measures such as production limitation and suspension, among which the consumption reduction mechanism involves many departments, such as the city and county energy departments, water conservancy departments, and power supply departments, to ensure the completion of the city's annual energy consumption double control target. According to SMM statistics, in this round of regulation and control, about 15 magnesium production enterprises in Shenfu area of Shaanxi Province have been asked to stop production, and nearly 30 magnesium ingot manufacturers have asked for a 50% reduction in production. The situation of regional production reduction of magnesium ingots in China in September is grim. Affected by this, magnesium supply will be further tightened, by the cost side, supply side, two-way support, with the approach of the National Day stock period, magnesium prices may be further higher.
![El repunte del carbón enciende el mercado del magnesio, la consolidación de dos meses finalmente se rompe, los recortes de producción y la reducción de inventarios señalan el próximo repunte [Análisis de SMM]](https://imgqn.smm.cn/usercenter/mLwgx20251217171723.jpeg)
![Los precios del magnesio subieron impulsados por los costos, pero la débil demanda hace insostenible el repunte [Reseña semanal del magnesio de SMM]](https://imgqn.smm.cn/usercenter/rUQIB20251217171723.jpeg)
