Shanghai Nonferrous Metals News
22 April 2021: Domestic magnesium prices have continued on an upward trend for six days and reached RMB16,500/t; domestic magnesium smelters are holding firm on prices due to low inventories. However, downstream users have been cautious in placing new orders in the wake of rising prices. Domestic magnesium prices are expected to remain stable at high levels over the short-term.
