March 2022
March 2021
December 2020
October 2020
September 2020
The pandemic, from Delta to Omicron, continued to spread worldwide in 2021. Many major cities were locked down multiple times, which affected the local economy; to react, the governments launched fiscal policies to stimulate their economies. Since the third quarter, the world has faced inflation. Many emerging market countries raised their interest rates in the first two quarters, which were further raised in the third quarter. Developed countries such as Norway and South Korea raised their interest rates for the first time. In the fourth quarter, interest rates in emerging markets continued to grow in order to slow down the inflation that was higher than expected.

Through 2021, China was policy-oriented. In the first two quarters, the Chinese government introduced policies including repeatedly ordering to release control measures to stabilize commodity prices. In particular, the China dual control policy on energy consumption had a great market impact. In the fourth quarter, the government continued its high regulation on the market, which was unprecedented. After the National Day holiday, China continued its high-pressure regulation on some commodities. As of October 27, the NDRC issued 28 documents within nine days to control the excessive rise of coal prices, issued strict energy efficiency constraints in key industries of metallurgy and building materials, and promoted energy conservation and carbon reduction plans. All bulk commodities were wiped out, including crude oil, natural gas and precious metals industry. The Chinese government’s intervention has also hit the external industrial metals, which led to commodities oversold into stagflation and market sentiment was depressed.

In 2021, LME aluminum price soared. Boosted by insufficient supply and demand recovery, LME aluminum stood above USD2800/ton, up to around 42% in the whole year–the largest increase since 2009 and continuous rising for two years. On March 15, the aluminum market in Shanghai reached a new peak, hitting RMB18000/ton. On May 10, the aluminum price broke through RMB20000/ton, which was the highest price in 13 years. On October 18, the main contract of aluminum futures set a record high price of RMB24765/ton, followed by a fall of 24% in one month. On December 30, the price of Shanghai Aluminum Future Market rose to RMB20000/ton for a second time.

Huicheng continued to import aluminum alloy ingots steadily, explore overseas markets and domestic aluminum alloy and die-casting aluminum markets, and the import volume was higher than that in 2020. The export business was stable in the first half of the year. From the third quarter, the price of resource-based products hit a record high, including sea freight. Huicheng overcame various objective factors and successfully implemented the orders; In the fourth quarter, the commodity market fell sharply in October, almost halving, and foreign customers slowed down their procurements.

With the global warming and the destruction of ecological environment, the world’s major economies have committed to the time target from carbon peak to carbon neutral. China as the world factory, its time from carbon peak to carbon neutral is shorter than that of other countries, forming a severe challenge. Therefore, with the background of achieving carbon neutralization, and the goal of creating a green development closed loop and promoting the innovative and integrated development of new materials and automobile industry in the automobile industry chain, Nonferrous Metals Society of Shanghai, Shanghai Society of Automotive Engineers, Suzhou Die Casting Technology Association and SMM jointly organized the “Casting Aluminum Industry New Journey”. From March 26 to 27, under the guidance of Shanghai Municipal Commission of Economy and Informatization and the support of HUICHENG and the other two, SAIC, FAW-Volkswagen, Geely, SAIC Gearbox, Konsberg Automotive and other new energy automobile die-casting experts set up an automobile new material investigation team. We visited four die-casting enterprises in Jiangsu, including Suzhou Lida, Suzhou Jincheng, Suzhou Yadelin and Kunshan Laijie, to discuss automobile material solutions and the application of casting of aluminum alloy in reducing automobile body weight and cost, as well as improving efficiency and the performance of automobile products, as the key direction of technology research and development of automobile enterprises.

During the meeting, experts and entrepreneurs exchanged extensively, from upstream raw materials, research and development of aluminum alloy new materials to die casting process, General Manager Ms Chen of HUICHENG reported the macro analysis of raw material market and introduced overseas aluminum alloy to supplement the shortage of waste materials in China’s market under the new Solid Waste Law.

Entrepreneurs are concerned about the soaring raw materials prices in 2020 and the extrusion of die-casting enterprises in downstream industries such as automobiles. In the meeting, General Manager Mr Shen of Yadelin put proposed suggestions and plans for quarterly price adjustment. General Manager Mr Mao of Suzhou Jincheng has cooperated with university researchers to develop new materials, which can increase the properties of castings and reduce the cost.

Secretary General Mr Zhang of Suzhou Die Casting Technology Association has conducted a long-term research on the die casting industry at home and abroad; he expounded the development history of China’s die casting industry, presented the gap between Chinese and foreign die casting enterprises, and discussed die casting technology and new materials with automobile die casting experts of the delegation.

During the factory visit, we saw the ‘Giant’ Buhler 4400t die-casting island in Yadelin die-casting workshop, which requires a great contribution in introducing the equipment and is rare in China. From now, Tesla Shanghai has 6000t die-casting island, which was put into operation and mass production in February this year.

In the investigation process, our company went deep into the smelting and casting enterprises in the spirit of learning. We visited the production line of aluminum alloy melting, heat preservation, liquid transportation, and automatic aluminum alloy die casting. We intuitively comprehended the usage application of raw materials, understood the requirements of aluminum alloy composition and surface quality, which the gained knowledge will provide strong reference and technical support for our company to purchase imported aluminum alloy etc other relative raw materials.


In 2020, COVID-19, which suffered a hundred years of experience, has a cumulative global death toll of over 2 million, which has a major impact on the global manufacturing industry, but it is a big bull market for commodities. Central banks in various countries have launched loose monetary and fiscal policies to stimulate their economies. As China takes the lead in controlling the epidemic, China’s import of bulk commodities will reach a new high in 2020.

In 2020, the price of iron ore has reached a new high in the past seven years; Shanghai aluminum futures price has increased by 14.46% annually; China’s aluminum ingot output has set a record; Primary aluminum smelting enterprises have made huge profits; the import volume has set a record; China’s aluminum consumption accounts for 54% of the world.

Huicheng, under the guidance of policies and the introduction of the new solid waste law in difficult times, is keenly aware of and seizes the opportunity. From October 2019, the team made use of its overseas resource advantages to rapidly investigate the overseas aluminum alloy market, select high-quality suppliers, and start from production equipment, production capacity, quality certification system, transportation and other links. With the help of the industry platform, we have made good use of our rich international trade experience to serve the Chinese market. Since November 2019, we have steadily imported aluminum alloy ingots to domestic small and medium-sized aluminum alloy factories and traders, many of which are well-known brand enterprises with stable quality and recognized service, and have won praise from buyers. At the third central China Nonferrous Metals Summit Forum in 2020 jointly held by ‘’ and Mysteel Group, Huicheng was rated as ‘Top 10 High Quality Chinese Suppliers of Imported Aluminum Alloy Ingots’.


Huicheng is exciting to announce the launch of the new logo as part of the ongoing evolution of our company.

Our professional profile has grown and evolved over last 18 years, and now it is time for a change. We have altered our logo to reflect who we are today and to symbolize our dynamic future.

Our new logo synthesizes the two initial letters of Hui-Cheng. Symbolically, the framing circle embodies our international trading business and the inclusivity in our company culture. The gold color is extracted from our metal and mineral products. Along with the sapphire blue, emphasizing our relation with the ocean in our transnational maritime trading.

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.


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.

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).