Magnesia Industry Annual Report 2024

1. Definition, Type, Distribution, Application 4
1.1 Definition 4
1.2 Type 4
1.3 Distribution 4
1.4 Application 5
2. Economy and Policy 6
2.1 China vows to boost construction of basic mining infrastructure 6
2.2 Liaoning issues capacity replacement measures for magnesite and magnesia 6
2.3 China sees remarkable results in green transition for industrial sectors 6
2.4 China begins second batch of third round of central environmental inspections 6
2.5 Liaoning sets magnesite production quota for 2024 6
2.6 China completes on-site work for latest round of central environmental inspections 7
2.7 China further strengthens administrative safety licensing for non-coal mines 7
2.8 Liaoning grants second batch of magnesite production quota 7
2.9 China's H1 crude steel output shrinks 1.1% YoY 7
2.10 China launches inspection of state-owned natural resources assets 7
2.11 Exploration rights transfer in China up by 194.1% in Jan-Aug 7
2.12 China's mineral exploration investment rises for third year in a row 8
2.13 China unearths more than 120 mineral deposits in 2023 8
2.14 China launches third batch of third round of central environmental inspections 8
2.15 China extends U.Asian Metal Copyright2 Chinese caustic calcined magnesia producers production capacity down by 36.Asian Metal CopyrightS. import tariff exemptions until Feb 2025 8
3. Market Movements 9
3.1 Domestic Market 9
3.1.1 Fused magnesia 97%min 0-30mm (Ca:Si=1:1) EXW China 9
3.1.2 Fused magnesia 97%min 0-30mm (Ca:Si=2:1) EXW China 10
3.1.Asian Metal Copyright3.Asian Metal Copyright3 Fused magnesia large crystal 97.5%min 0-30mm (Ca:Si=2:1) EXW China 11
3.1.4 Dead burned magnesia 90%min 3-15mm EXW China 12
3.1.5 Dead burned magnesia 95%min 0-30mm EXW China 13
3.1.Asian Metal Copyright4 Chinese fused magnesia producers output down by 28.Asian Metal Copyright6 Dead burned magnesia 96.5%min 0-30mm EXW China 15
3.1.7 Dead burned magnesia 97%min 0-30mm EXW China 16
3.1.8 Caustic calcined magnesia 85%min 200mesh EXW China 17
3.1.9 Caustic calcined magnesia 90%min 200mesh EXW China 18
3.1.10 Caustic calcined magnesia 97%min 200mesh EXW China 20
3.1.11 Magnesite lump 47%min EXW China 21
3.1.12 Magnesite pellet 47%min EXW China 22
3.2 Export Market 26
3.2.1 Fused magnesia 97%min 0-30mm (Ca:Si=2:1) FOB China 26
3.2.Asian Metal Copyright3 Chinese caustic calcined magnesia 43 7.Asian Metal Copyright2 Fused magnesia large crystal 97.5%min 0-30mm (Ca:Si=2:1) FOB China 27
3.2.3 Dead burned magnesia 90%min 3-15mm FOB China 28
3.2.4 Dead burned magnesia 95%min 0-30mm FOB China 29
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 33
3.3.1 Dead burned magnesia 90%min 3-15mm In warehouse Rotterdam 33
3.3.2 Dead burned magnesia 95%min 0-30mm In warehouse Rotterdam 34
4. Company News 35
5. Producers Statistics 37
5.1 Fused magnesia 37
5.1.1 Chinese fused magnesia producers' total number down by 26 YoY in 2024 37
5.1.Asian Metal Copyright import tariff exemptions until Feb 2025 8 3.Asian Metal Copyright2 Chinese fused magnesia producers production capacity down by 25.68% YoY in 2024 38
5.1.Asian Metal Copyright1.Asian Metal Copyright3 Chinese fused magnesia producers operating rate up by 1.48% YoY in 2024 38
5.1.Asian Metal Copyright4 Chinese spinel 43 7.Asian Metal Copyright4 Chinese fused magnesia producers output down by 28.97% YoY in 2024 38
5.1.Asian Metal Copyright2.Asian Metal Copyright5 Chinese fused magnesia producers average inventory up by 30.57% YoY in 2024 38
5.2 Dead burned magnesia 39
5.2.1 Chinese dead burned magnesia producers' total number down by 16 YoY in 2024 39
5.2.Asian Metal Copyright1.Asian Metal Copyright2 Chinese dead burned magnesia producers production capacity down by 21.15% YoY in 2024 39
5.2.Asian Metal Copyright1 Chinese fused magnesia producers' total number down by 26 YoY in 2024 37 5.Asian Metal Copyright3 Chinese dead burned magnesia producers operating rate down by 2.45% YoY in 2024 39
5.2.Asian Metal Copyright4 Chinese fused magnesia producers output down by 28.Asian Metal Copyright4 Chinese dead burned magnesia producers output down by 3.05% YoY in 2024 39
5.2.Asian Metal Copyright1.Asian Metal Copyright5 Chinese dead burned magnesia producers average monthly inventory up by 80.45% YoY in 2024 40
5.3 Caustic calcined magnesia 40
5.3.1 Chinese caustic calcined magnesia producers' total number down by 27 YoY in 2024 40
5.3.Asian Metal Copyright89% YoY in 2024 40 5.Asian Metal Copyright2 Chinese caustic calcined magnesia producers production capacity down by 36.89% YoY in 2024 40
5.3.Asian Metal Copyright14 China launches third batch of third round of central environmental inspections 8 2.Asian Metal Copyright3 Chinese caustic calcined magnesia producers operating rate down by 2.81% YoY in 2024 40
5.3.Asian Metal Copyright1 Chinese dead burned magnesia producers' total number down by 16 YoY in 2024 39 5.Asian Metal Copyright4 Chinese caustic calcined magnesia producers output down by 24.69% YoY in 2024 41
5.3.Asian Metal Copyright2 Export Market 26 3.Asian Metal Copyright5 Chinese caustic calcined magnesia producers inventory down by 25.09% YoY in 2024 41
6. Customs Statistics 41
6.1 Fused magnesia 41
6.2 Dead burned magnesia 42
6.3 Caustic calcined magnesia 42
7. Supply and Demand Outlook 43
7.1 Domestic Market 43
7.1.1 Chinese fused magnesia 43
7.1.2 Chinese dead burned magnesia 43
7.1.3 Chinese caustic calcined magnesia 43
7.1.4 Chinese spinel 43
7.2 Export Market 43
7.2.1 Chinese fused magnesia 43
7.2.2 Chinese dead burned magnesia 43
7.2.3 Chinese caustic calcined magnesia 43
7.3 International Market 43
7.3.1 Dead burned magnesia 43
.Asian Metal Copyright2 Dead burned magnesia 39 5Asian Metal Copyright