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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

Mg Ingot Prices Kept Flat on Stable Demand in China

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