Yulin Wanyuan Mg Expects 1.5 kt of Mg in March
24/03/22 | Magnesium
Asian Metal News Yunlin Wanyuan Magnesium smelter expects its March production to drop by 300 t m-o-m to 1.5 kt, due to dolomite supply shortages during the month. According to an internal source, dolomite prices soared by RMB 80/t m-o-m to RMB 230/t in March, which together with subpar dolomite…
China Produces 83 kt of Mg Ingots in February 2022
21/03/22 | Magnesium
Shanghai Nonferrous Metals News China produced 83 kt of magnesium ingot in February 2022, up by 0.99% m-o-m and up 25.73% y-o-y. Driven by relatively high profits, domestic magnesium production is expected to remain stable at high levels in March. Last week (14th ~18th March): Weaker downstream demand put pressure…
Yulin Coal Technology Resumes Mg Production
08/03/22 | Magnesium
Asian Metal News Yulin Coal Technology suspended magnesium production in late January amid coal gas supply shortages. It remained idle during most of February and restarted operations late in the month. Designed with 10 ktpy capacity, the company produced 7.2 kt of magnesium ingot in 2021, 600 tonnes in January,…
China Exports 477.8 kt of Mg and Mg Products in 2021
02/03/22 | Magnesium
China Nonferrous Metals News China exported 477.8 kt of primary magnesium and magnesium products in 2021, up by 21.3% y-o-y from 393.8 kt in 2020. Total export revenue amounted to USD 1.94 bln, up by 101.2% y-o-y, with the average export price at USD 4,052/t, up by 65.8% y-o-y. China…
China Produces 888.7 kt of Primary Mg in 2021
23/02/22 | Magnesium
China Nonferrous Metals News CNIA: by initial statistics, China produced 888.7 kt of primary magnesium in 2021, of the total, production from Shaanxi was 540 kt, Shanxi 196 kt, IM 49.6 kt, and other producing regions 72.1 kt.
Accelerating Comprehensive Utilization of Mg Dross
18/02/22 | Magnesium
China Nonferrous Metals News For every tonne primary magnesium produced, 6~7 t of reduction dross, 0.1~0.2 t of refining dross and 0.2~0.5 t of white forging dross is made. Based on China’s annual magnesium production, the total magnesium dross output can exceed 6.5 mln t per annum, and China’s magnesium…
Domestic Mg Price on the Rise
10/02/22 | Magnesium
Asian Metal News Domestic magnesium prices increased slightly this week as downstream buyers returned to the market after the Chinese New Year holiday. Mainstream magnesium prices currently stand at RMB 42,500~43,000/t today, holding stable form Monday. Some smelters have tentatively raised their quotes, driven by concerns about whether existing semi-coke…
Domestic Mg Prices Continue on the Decline
27/01/22 | Magnesium
Shanghai Nonferrous Metals News 26th January 2022: Mainstream domestic magnesium transaction prices stood at RMB 41,000/t, dropping slightly w-o-w. Downstream demand appeared lackluster before the holiday, seeing current orders mainly for the post-holiday futures market with prices approaching RMB 40,000/t.
Domestic Mg Prices Rebound Slightly
24/01/22 | Magnesium
China Nonferrous Metals News Buoyed by restocking needs prior to the Chinese New Year, domestic magnesium prices picked up slightly last week. As of 21st January, mainstream magnesium prices were being quoted at RMB 44,000~45,000/t ex-works with taxes in Fugu Shaanxi, with some transactions settling at RMB 44,000/t, up by…
