In the first half of this week, the magnesium market continued to recover moderately. The main reason is the rise in the prices of raw materials ferrosilicon and coal, and the increase in costs. In Shaanxi Province, Magnesium 99.9 Price rose to 18,700 RMB/Ton, and transaction price in the market rose to 18,600 RMB/Ton. Compared …
Magnesium Ingot Manufacturers in China occupies an important position in the global market. According to the latest data, China’s magnesium metal production reached 933,300 tons in 2022. It accounting for 88.63% of the global total production. China is not only the world’s largest producer of magnesium metal, but also plays a key role in global …
For the magnesium ingot industry, 2023 is an extraordinary year. Overall, throughout the year, Magnesium Ingot Price maintained a downward price trend due to the impact of the global economic environment. Not only that, but production has also shrunk. At the same time, both the domestic and export markets for magnesium ingot products have shrunk. …
