Platts says Spot Export Orders for China Magnesium Remaining Steady

Platts recently reported that stable domestic prices for magnesium ingot in China are supporting steady spot export orders for the commodity.

As quoted in the publication:

Platts assessed its weekly magnesium ingot (minimum 99.8%) price at $2,300-2,350/mt FOB China Thursday, unchanged on the week as bids, offers and done deal heard were within the range.

The Chinese magnesium diecast alloy price assessment was also kept at $2,580-2,650/mt FOB China Thursday.

Click here to read the full Platts article.