Chinese Magnesium Ingot Holds Steady This Week

Platts reported that prices for Chinese magnesium ingot held steady this week, due to weak demand.

As quoted in the market report:

Platts kept weekly magnesium ingot (minimum 99.8%) assessment unchanged week on week at $3,230-3,280/mt FOB China Thursday, while magnesium diecast alloy assessment was also flat at $3,510-3,570/mt FOB China.

To view the whole Platts report, click here.