Weekly Magnesium Production Drops 0.5% MoM, Operating Rate at 78.7%

As a core vital raw material for manganese hydrometallurgy, sulfuric acid dominates production costs and process selection across the entire product chain. Major manganese products, including electrolytic manganese, diversified manganese sulfate, and electrolytic manganese dioxide (EMD), adopt distinct production processes with varied acid consumption structures.

[SMM Weekly Magnesium Production Flash Report] This week, the inventory of manufacturers decreased by 5.02% compared to the previous week. Affected by inventory pressure and financial pressure, magnesium ingot smelting manufacturers showed significantly increased enthusiasm for shipments this week. Terminal manufacturers and traders replenished their stocks at low prices, leading to a slight recovery in market transactions. Supported by the transactions, the inventory of some manufacturers decreased significantly, and the overall inventory of manufacturers showed a downward trend.