Magnesia Industry Annual Report 2022

Content

1. Definition,Type, Distribution, Application 5
1.1 Definition 5
1.2 Type 5
1.3 Distribution 5
1.4 Application 6
2. Economy and Policy 7
2.1 NDRC allocates RMB2.4 billion to support construction of energy conservation and carbon reduction projects 7
2.2 CISA: Major steel mills' average daily steel product output records 1.95 million tons in mid-Aug 7
2.3 Ansteel: Steel products sales down by 3.62% YOY in H1 7
2.4 GACC: China's imports of steel products down by 16.Asian Metal Copyright3 Ansteel: Steel products sales down by 3.Asian Metal Copyright0% YOY in Aug and China's exports of steel products up by 21.8% YOY in Aug 7
2.5 CISA: Major steel mills' average daily steel product output records 2.03 million tons in early Sep 7
2.6 NBS: China's steel products production down by 4.3% YOY in Jan-Aug 7
2.7 OECD cuts global economic growth forecast for 2023 8
2.8 CISA: Major steel mills' average daily steel product output records 2.02 million tons in early Oct 8
2.9 CISA: Major steel mills' average daily steel product output records 2.05Mt in mid-Oct 8
2.10 GACC: China's exports of steel products down by 3.4% YOY in Jan-Sep 8
2.11 Liaoning aims to cap annual magnesite mining at 30Mt by 2025 8
2.12 India plans to double crude steel production capacity over next 10 years 8
2.13 Houying Steel releases maintenance plan on blast furnaces and rolling lines 8
2.14 China's steel products exports down by 1.8% YOY in Jan-Oct 9
2.15 CISA: Major steel mills' average daily steel product output records 1.91 million tons in early Nov 9
2.16 CISA: Major steel mills' average daily steel product output records 1.97 million tons in mid-Nov 9
2.17 Anshan vows to cap annual magnesite mining at 24.14Mt by 2025 9
2.18 CISA: Major steel mills' average daily steel product output records 2.07 million tons in late Nov 9
2.19 China to adjust import & export tariffs on some goods from Jan 1 9
3. Market Movements 10
3.1 Domestic Market 10
3.1.1 Fused magnesia 97%min 0-30mm (Ca:Si=1:1) EXW China 10
3.1.2 Fused magnesia 97%min 0-30mm (Ca:Si=2:1) EXW China 11
3.1.Asian Metal Copyright24 Dashiqiao Zhengxing reduces caustic calcined magnesia production 37 4.Asian Metal Copyright3 Fused magnesia large crystal 97.5%min 0-30mm (Ca:Si=2:1) EXW China 12
3.1.4 Dead burned magnesia 90%min 3-15mm EXW China 13
3.1.5 Dead burned magnesia 95%min 0-30mm EXW China 15
3.1.Asian Metal Copyright5 Dead burned magnesia 97%min 0-30mm FOB China 30 3.Asian Metal Copyright6 Dead burned magnesia 96.5%min 0-30mm EXW China 16
3.1.7 Dead burned magnesia 97%min 0-30mm EXW China 17
3.1.8 Caustic calcined magnesia 85%min 200mesh EXW China 18
3.1.9 Caustic calcined magnesia 90%min 200mesh EXW China 20
3.1.10 Caustic calcined magnesia 97%min 200mesh EXW China 21
3.1.11 Magnesite lump 47%min EXW China 22
3.1.12 Magnesite pellet 47%min EXW China 23
3.2 Export Market 25
3.2.1 Fused magnesia 97%min 0-30mm (Ca:Si=2:1) FOB China 25
3.2.Asian Metal Copyright5 Dinuo Magneite Group resumed large crystal fused magnesia production 35 4.Asian Metal Copyright2 Fused magnesia large crystal 97.5%min 0-30mm (Ca:Si=2:1) FOB China 26
3.2.3 Dead burned magnesia 90%min 3-15mm FOB China 27
3.2.4 Dead burned magnesia 95%min 0-30mm FOB China 28
3.2.5 Dead burned magnesia 97%min 0-30mm FOB China 30
3.2.6 Caustic calcined magnesia 90%min 200mesh FOB China 31
3.3 International Market 32
3.3.1 Dead burned magnesia 90%min 3-15mm In warehouse Rotterdam 32
3.3.2 Dead burned magnesia 95%min 0-30mm In warehouse Rotterdam 33
4. Company News 35
4.1 Haicheng Taiding Huaxin halted caustic calcined magnesia production 35
4.2 Gaozhuang magnesite halted caustic calcined magnesia production 35
4.3 Ibar to double fused magnesia production capacity 35
4.4 Danhai Chemical to resume caustic calcined magnesia 35
4.5 Dinuo Magneite Group resumed large crystal fused magnesia production 35
4.6 Qianyuan to resume caustic calcined magnesia production 35
4.7 Hartley resumed high grade dead burned magnesia production 35
4.8 Yixing to halt caustic calcined magnesia production 35
4.9 Wancheng Group to resume large crystal fused magnesia production 36
4.10 Haicheng Hongxin reduces caustic calcined magnesia production 36
4.11 Yingkou Shunhe reduces dead burned magnesia production 36
4.12 Yingkou Wanghai suspends fused magnesia production 36
4.13 Liaoning Xinli cut the dead burned magnesia production 36
4.14 Yingkou Xiangyang reduces fused magnesia production 36
4.15 Yingkou Hexiang to resume caustic calcined magnesia production 36
4.16 Xiuyan Hengrui increases fused magnesia production 36
4.17 Liaoning Houying cut the dead burned magnesia production 36
4.18 Dashiqiao Qunsen suspends the dead burned magnesia production 37
4.19 Haicheng Haiming suspends fused magnesia production 37
4.20 Dashiqiao Bingyang resumes fused magnesia production 37
4.21 Liaoning Xingwei to suspend caustic calcined magnesia production 37
4.22 Premier Periclase Limited suspends the dead burned magnesia production 37
4.23 Yingkou Xingbei suspends caustic calcined magnesia production 37
4.24 Dashiqiao Zhengxing reduces caustic calcined magnesia production 37
4.25 Akdeniz Mineral reduces caustic calcined magnesia production 37
4.26 Liaoning Wancheng suspends all of magnesia production 37
4.27 Dashiqiao Kunlong suspends the dead burned magnesia production 38
4.28 Dashiqiao Huaxia suspends caustic calcined magnesia production 38
5. Producers Statistics 38
5.1 Fused magnesia 38
5.1.1 Chinese fused magnesia producers' total number up by 2 YoY in 2022 38
5.1.Asian Metal Copyright07 million tons in late Nov 9 2.Asian Metal Copyright2 Chinese fused magnesia producers production capacity down by 4.78% YoY 38
5.1.Asian Metal Copyright1 Fused magnesia 97%min 0-30mm Ca:Si=1:1 EXW China 10 3.Asian Metal Copyright3 Chinese fused magnesia producers operating rate down by 10.56% YoY 39
5.1.Asian Metal Copyright16 Xiuyan Hengrui increases fused magnesia production 36 4.Asian Metal Copyright4 Chinese fused magnesia producers output down by 29.7% YoY 39
5.1.Asian Metal Copyright4 Dead burned magnesia 95%min 0-30mm FOB China 28 3.Asian Metal Copyright5 Chinese fused magnesia producers average inventory up by 28.7% YoY 40
5.2 Dead burned magnesia 40
5.2.1 Chinese dead burned magnesia producers' total number down by 5 YoY 40
5.2.Asian Metal Copyright1 Dead burned magnesia 47 .Asian Metal Copyright2 Chinese dead burned magnesia producers production capacity down by 6.8% YoY 41
5.2.Asian Metal Copyright12 Magnesite pellet 47%min EXW China 23 3.Asian Metal Copyright3 Chinese dead burned magnesia producers operating rate down by 1.54% YoY 41
5.2.Asian Metal Copyright2.Asian Metal Copyright4 Chinese dead burned magnesia producers output down by 11.9% YoY 42
5.2.Asian Metal Copyright3 Ansteel: Steel products sales down by 3.Asian Metal Copyright5 Chinese dead burned magnesia producers average monthly inventory up by 83.5% YoY 42
5.3 Caustic calcined magnesia 43
5.3.1 Chinese caustic calcined magnesia producers' total number down by 3 YoY 43
5.3.Asian Metal Copyright1.Asian Metal Copyright2 Chinese caustic calcined magnesia producers production capacity down by 4.1% YoY 43
5.3.Asian Metal Copyright3 International Market 32 3.Asian Metal Copyright3 Chinese caustic calcined magnesia producers operating rate down by 4.2% YoY 44
5.3.Asian Metal Copyright23 Yingkou Xingbei suspends caustic calcined magnesia production 37 4.Asian Metal Copyright4 Chinese caustic calcined magnesia producers output down by 12.3% YoY 44
5.3.Asian Metal Copyright1.Asian Metal Copyright5 Chinese caustic calcined magnesia producers inventory up by 99.4% YoY 45
6. Customs Statistics 45
6.1 Fused magnesia 45
6.2 Dead burned magnesia 46
6.3 Caustic calcined magnesia 46
7. Supply and Demand Outlook 47
7.1 Domestic Market 47
7.1.1 Chinese fused magnesia 47
7.1.2 Chinese dead burned magnesia 47
7.1.3 Chinese caustic calcined magnesia 47
7.2 Export Market 47
7.2.1 Chinese fused magnesia 47
7.2.2 Chinese dead burned magnesia 47
7.2.3 Chinese caustic calcined magnesia 47
7.3 International Market 47
7.3.1 Dead burned magnesia 47


.Asian Metal Copyright2% YoY 44 5Asian Metal Copyright