The Raw Material of Magnesium Metal Price Increased and Magnesium Ingot Price Rebounded

  • Monday, January 11, 2016
  • Source:ferro-alloys.com

  • Keywords:Mg magnesium metal
[Fellow][Ferro-Alloys.com] After entering the New Year, the magnesium metal ferrosilicon prices have risen this week to 100-200 yuan / ton, the major steel mills bidding price is also growing, while China price was stable and the price rose slightly in Shaanxi Provinc...

[Ferro-Alloys.com] After entering the New Year, the magnesium metal ferro silicon prices have risen this week to 100-200 yuan / ton, the major steel mills bidding price is also growing, while China price was stable and the price rose slightly in Shaanxi Province. And since mid-December, with the purchaser in the market actively purchasing, factory inventories to be focused on the release, in the stock and financial pressure to effectively alleviate the situation, the situation improved shipments magnesium market decline slowed. This week full production alloy ingot was Fugu County Xintian magnesium, while Jinchuan Magnesium and Shenmu Moyuandingtai  Magnesium factories were all stopped production.

A magnesium manager said, they are regardless of domestic or export to the force in December, the basic sales best year in January. At the same time, the person that the downstream demand in January or difficult to continue strong, late magnesium prices slightly downside risks remain.

Comprehensive analysis showed that the relationship between supply and demand, the current plant inventory is not much, considering downstream users before stocking demand, while prices to historic lows, lower factory operating loss of status, is expected to post lower and lower magnesium price will be very limited space.

January 5, 2016, the US Department of Commerce in China magnesium metal to make anti-dumping administrative review preliminary ruling: Tianjin Magnesium International Limited (Tianjin Magnesium International Co. Ltd) and Tianjin Magnesium Metal Co., Ltd. (Tianjin Magnesium Metal Co., Ltd ) There is no review of the transactions during the survey period.

May 26, 2015, the US Department of Commerce to China magnesium administrative review of anti-dumping investigation, the investigation period of April 1, 2014 - March 31, 2015, involving customs codes for products 8104.19.00,8104.30.00 .

  • [Editor:tianyawei]

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