Statistics of China Nonferrous Metals Industry Association showed output of magnesium reached 0.6437 million tons in the first three quarters of 2014 in China, registering an increase of 7.48%.
According to China Customs, exports of Chinese magnesium serial products were 256.1 thousand tons in the period from January to July 2014, up 7.82% over the same period of 2013.
This week magnesium ingot market began to slightly improve in China, partly owing to the firm prices and tight supply of ferrosilicon- one major raw material. Mainstream Shaanxi Mg99.90% price improved to