Asian Metal News

Domestic magnesium prices climbed slightly this week to RMB 24,9000~25,200/t ex-work by cash and up slightly by RMB 200/t from last Friday driven by rising coal prices, slower logistics of FeSi in IM caused by increasing COVID numbers and steady demand after the holiday.
Industry commentators forecast price will continue strong this week backed by rising raw material prices and smelters’ strong will to prop prices.

CM Group Newsletter

Sign up to the CM Group newsletter to receive regular publications.

CM Group – get out, find out.

Experienced, knowledgeable and welcoming. Take the journey with us.