Monthly Magnesium Market Report Apr 2025

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 Five ministries issue joint notice to curb proxy export tax evasion 3
2.1.Asian Metal Copyright3.Asian Metal Copyright2 Fugu's Q1 magnesium production down 2.6% YoY 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.Asian Metal Copyright1.Asian Metal Copyright2 Magnesium Ingot 99.95%min 3
3.1.3 Magnesium Powder 4
3.1.4 Magnesium Alloy 4
3.2 Chinese Export Market 4
3.2.1 Chinese Magnesium Ingot Export Market 4
3.2.2 Magnesium Ingot in Warehouse Rotterdam 5
3.2.3 Magnesium Powder 5
3.2.4 Magnesium Alloy 5
3.3 International Market 5
3.3.1 Magnesium Ingot in Port India 5
3.3.2 Magnesium Ingot in Warehouse Russia 6
4. Company News 6
4.1 Fugu Moyuan resumes magnesium ingot production 6
4.2 Shaanxi Sanxin Second Plant resumes magnesium ingot production 6
4.3 Fugu Wanxin Coal Chemical stops magnesium ingot production for equipment maintenance 6
4.4 Fugu Yabo stops magnesium ingot production for equipment maintenance 6
4.5 Shenmu Hengrun plans to resume magnesium ingot production 6
4.6 Fugu Yabo plans to resume magnesium ingot production 6
4.7 Fugu Jinchuan Hongtai Second Plant resumes magnesium ingot production 6
4.8 SERES debuts world's largest integrated die-cast magnesium alloy rear car body 6
4.9 Baowu Magnesium achieves year-on-year revenue growth 6
5. Producers Statistics 6
5.1 Magnesium Ingot 6
5.1.Asian Metal Copyright71% MoM in Apr 9 6.Asian Metal Copyright1 Chinese magnesium ingot producers' operating rate down by 1.31% MoM in Apr 6
5.1.Asian Metal Copyright2 Chinese magnesium alloy producers' output up by 6.Asian Metal Copyright2 Chinese magnesium ingot producers' output down by 0.13% MoM in Apr 7
5.1.Asian Metal Copyright64% MoM in Apr 7 5.Asian Metal Copyright3 Chinese magnesium ingot producers' stocks down by 19.64% MoM in Apr 7
5.2 Magnesium Alloy 7
5.2.Asian Metal Copyright3 Magnesium Powder 8 5.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate up by 6.16% MoM in Apr 8
5.2.Asian Metal Copyright2 Chinese magnesium powder producers' output up by 6.Asian Metal Copyright2 Chinese magnesium alloy producers' output up by 6.16% MoM in Apr 8
5.2.Asian Metal Copyright1.Asian Metal Copyright3 Chinese magnesium alloy producers' stocks up by 22.58% MoM in Apr 8
5.3 Magnesium Powder 8
5.3.Asian Metal Copyright1 Fugu Moyuan resumes magnesium ingot production 6 4.Asian Metal Copyright1 Chinese magnesium powder producers' operating rate up by 6.03% MoM in Apr 9
5.3.Asian Metal Copyright58% MoM in Apr 8 5.Asian Metal Copyright2 Chinese magnesium powder producers' output up by 6.02% MoM in Apr 9
5.3.Asian Metal Copyright3 Magnesium Powder 8 5.Asian Metal Copyright3 Chinese magnesium powder producers' stocks down by 10.71% MoM in Apr 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume decreased 22.72% YoY in Mar 2025 10
6.2 China's unwrought magnesium alloy export volume grew 65.07% MoM in Mar 2025 10
6.3 China's magnesium powder and granule export volume rose 49.86% MoM in Mar 2025 11
6.4 China's magnesium scrap export volume grew 222.39% YoY in Mar 2025 11










.Asian Metal Copyright2 China's unwrought magnesium alloy export volume grew 65Asian Metal Copyright