Market Prices of Magnesium Ingot Enjoyed Slight Increase in China

Chinese Mg Ingot Producers Showed Unwillingness to Continue Lowering Quotations in China

Exports of Chinese Mg Ingot Rose 5.95% in the First Ten Months of 2014

Mg Ingot Price Slumped Much since the Beginning of November 2014 in China

This week magnesium ingot prices kept declining in China. Some Shanxi and Shaanxi producers reduced production and Ningxia producers kept normal operation.

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%.

Mg Ingot Prices Continued Falling on Excessive Inventory, Declining Price of FeSi75# and Thin Demand in China

Output of Magnesium was 28 Thousand Tons in January to August 2014 in Shaanxi’s Shenmu County