In the first half of 2019, due to the sharp rise in the price of imported Iron ore, the high fluctuation in the price of Coal, Coke, Scrap and other raw materials, and the increase in environmental protection costs, the production costs of steel enterprises rose sharply and their benefits decreased significantly. on Dec 27, 2019, the national bureau of statistics released statistics showing that profits from ferrous metal smelting and rolling processing fell 42.3 percent year-on-year in the first 11 months.
In 2018 More than 50 percent of Chinese aluminum plants reported losses. the price of the whole year of 2019 moved up slightly compared with that of 2018, and low inventory supported the aluminum price, the overall trend was stronger than that of foreign countries, Rusal and other aluminium smelters are facing pressure to cut prices due to expected week market condition in the coming year-From Aluminium insider.
Mar 15th attended Metal+ Metallurgy China 2019.
Apr 10th attended Yunnan tengchong silicon conference.
May 8 Huicheng Singapore passed the review by the Great Wall quality assurance center of ISO 9001:2015 Quality system certification.
May 27 Huicheng update website and Linkedin.
Huicheng put great effort into our supplier audit project from Emirates global aluminium(EGA)
Sep 11th Huicheng was successfully enrolled as an approved supplier.
Implement the concept of GREEN SUPPLY CHAIN on the new website, introduce Huicheng was audited by EGA through supplier evaluation, and notify foreign customers in text.
HUICHENG participated in the Supply-Demand Matchmaking Conference of the Second China International Import Expo on Nov. 8th, 2019, and signed cooperation agreement with The Aluminium Federation of South Africa (AFSA).
HUICHENG visited SMM. The two sides had a full exchange and communication on the domestic and international market and trend of non-ferrous metals, especially aluminum alloy ingots, and further understood the product ‘Metal Enterprise Q’ of SMM.