Mg Ingot Prices Fell Slightly on Increasing Supply in China

Given that mainstream FeSi75# (one main raw material for production of magnesium ingot) rose to RMB5,800-5,900/mt(USD929-945/mt), ex-work tax-inclusive price by acceptance, and ferrosilicon producers held firm quotations. Ferrosilicon prices were to rise in mi...

[Ferro-Alloys.com] reported, Chinese domestic magnesium market was almost peaceful without big price change this week.

[Ferro-Alloys.com] Recent the price of ferrosilicon increased, but magnesium metal factories currently has mixed views, the price compared to last week is Shaanxi prices quoted at RMB12,200 /MT -12 300 / MT cash tax. Last week a group of enterprises in Shaanxi...

[Ferro-Alloys.com] according to China Non-Ferrous Metals Industry Association Published data, the production volume of magnesium was 748.6 ktons from Jan.to Nov. in 2015, and down by 4.02% Y-O-Y, and because of the high production and lead the price fell large...

[Ferro-Alloys.com] according to the latest customs data, all kinds of magnesium products exported volume was 371.1 ktons from Jan.to Nov. 2015,and down by 5.11% Y-O-Y, and total magnesium ingot exported volume was 188.2 ktons, down by 7.15% Y-O-Y.

[Ferro-Alloys.com] The first half of 2015, China’s Mg production about magnesium metal is 37.4836 million ton, down by 20.23 percent Y-O-Y.

Quotations of Mg Ingot Kept Flat on Different Operations in China