Magnesia Market Report March 2012
2012-04-19 09:19:08 【Print】
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In March, steel industries didn’t recover, and demand for refractory materials kept weak which affected the sale volumes of magnesia too
. Domestic magnesia prices went back to the original level due to the slow market, and Chinese smelters revealed that they bore more pressure, and some planned to reduce or stop production for a while caused by higher stockpiles . Magnesia export market remained slow, and foreign buyers watched the market and expected lower prices in spot market.