Monthly Magnesium Market Report Mar 2025

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 Canada Extends Tariff Relief on Ukrainian Steel Imports for One Year 3
2.1.Asian Metal Copyright3 Magnesium Powder 5 3.Asian Metal Copyright2 China's Jan-Feb production of ten nonferrous metals up 1.4% YoY 3
2.1.3 Fugu leads global magnesium production with innovative green practices 3
2.1.4 EU selects 47 strategic projects to secure access to key minerals 4
2.1.5 Uzbekistan Imposes Export Taxes on Metal Scrap and Copper 4
3. Market Movements 4
3.1 Chinese Market 4
3.1.1 Magnesium Ingot 4
3.1.Asian Metal Copyright Market Movements 4 3.Asian Metal Copyright2 Magnesium Ingot 99.95%min 4
3.1.3 Magnesium Powder 4
3.1.4 Magnesium Alloy 5
3.2 Chinese Export Market 5
3.2.1 Chinese Magnesium Ingot Export Market 5
3.2.2 Magnesium Ingot in Warehouse Rotterdam 5
3.2.3 Magnesium Powder 5
3.2.4 Magnesium Alloy 6
3.3 International Market 6
3.3.1 Magnesium Ingot in Port India 6
3.3.2 Magnesium Ingot in Warehouse Russia 6
4. Company News 6
4.1 Fugu Moyuan Magnesium plans to stop magnesium ingot production for equipment maintenance 6
4.2 Baowu Magnesium partners with Autoliv to tap magnesium alloy for automotive use 6
4.3 FAWAY to build Mg-alloy lightweight auto parts project 7
4.4 Fugu Fangzheng decreases magnesium ingot output 7
4.5 Fugu Tongyuan Magnesium stops magnesium ingot production for equipment maintenance 7
4.6 Teri Magnesium advances efficient development of salt lake magnesium resources 7
4.7 Xinzhou accelerates development of magnesium-based new materials industry 7
4.8 Shanxi Zhenxin Magnesium resumes magnesium ingot production 8
4.9 Jinchuan Hongtai Second Plant to stop magnesium ingot for equipment maintenance 8
4.10 Shenmu Sihai plans to resume production of magnesium ingots 8
5. Producers Statistics 8
5.1 Magnesium Ingot 8
5.1.Asian Metal Copyright3.Asian Metal Copyright1 Chinese magnesium ingot producers' operating rate down by 1.31% MoM in Mar 8
5.1.Asian Metal Copyright74% MoM in Mar 9 5.Asian Metal Copyright2 Chinese magnesium ingot producers' output down by 1.31% MoM in Mar 8
5.1.Asian Metal Copyright4 EU selects 47 strategic projects to secure access to key minerals 4 2.Asian Metal Copyright3 Chinese magnesium ingot producers' stocks up by 0.80% MoM in Mar 9
5.2 Magnesium Alloy 9
5.2.Asian Metal Copyright95%min 4 3.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate up by 19.74% MoM in Mar 9
5.2.Asian Metal Copyright1.Asian Metal Copyright2 Chinese magnesium alloy producers' output up by 19.75% MoM in Mar 9
5.2.Asian Metal Copyright3 Chinese magnesium alloy producers' stocks down by 36.Asian Metal Copyright3 Chinese magnesium alloy producers' stocks down by 36.73% MoM in Mar 10
5.3 Magnesium Powder 10
5.3.Asian Metal Copyright1.Asian Metal Copyright1 Chinese magnesium powder producers' operating rate up by 2.70% MoM in Mar 10
5.3.Asian Metal Copyright2 Baowu Magnesium partners with Autoliv to tap magnesium alloy for automotive use 6 4.Asian Metal Copyright2 Chinese magnesium powder producers' output up by 2.69% MoM in Mar 10
5.3.Asian Metal Copyright1 Chinese Market 4 3.Asian Metal Copyright3 Chinese magnesium powder producers' stocks up by 3.70% MoM in Mar 10
6. Export Statistics 11
6.1 China's unwrought magnesium export volume grew 11.92% YoY in Feb 2025 11
6.2 China's unwrought magnesium alloy export volume decreased 29.75% MoM in Feb 2025 11



.Asian Metal Copyright2 Magnesium Ingot in Warehouse Russia 6 4Asian Metal Copyright