Magnesium Market Report July 2017
2017-08-25 18:00:06
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The Chinese magnesium ingot market prices moved up on the whole in July.Asian Metal Copyright Due to significant rises in prices for ferrosilicon and coal, the raw materials, magnesium ingot production cost increased; meanwhile, most plants conducted maintenance in summer owing to high temperature, leading to limited output and decreasing spot stocks; therefore, magnesium ingot plants would start to raise prices accordingly since late August.Asian Metal Copyright Due to significant rises in prices for ferrosilicon and coal, the raw materials, magnesium ingot production cost increased; meanwhile, most plants conducted maintenance in summer owing to high temperature, leading to limited output and decreasing spot stocks; therefore, magnesium ingot plants would start to raise prices accordingly since late August.Asian Metal Copyright Due to significant rises in prices for ferrosilicon and coal, the raw materials, magnesium ingot production cost increased; meanwhile, most plants conducted maintenance in summer owing to high temperature, leading to limited output and decreasing spot stocks; therefore, magnesium ingot plants would start to raise prices accordingly since late August.Asian Metal Copyright As for the overseas market, major consumers had completed quarterly purchases since late last month and late this month, which supported magnesium ingot prices late this month and prices were expected to show an uptrend next month.
.Asian Metal Copyright Due to significant rises in prices for ferrosilicon and coal, the raw materials, magnesium ingot production cost increased; meanwhile, most plants conducted maintenance in summer owing to high temperature, leading to limited output and decreasing spot stocks; therefore, magnesium ingot plants would start to raise prices accordingly since late AugustAsian Metal Copyright
