SHANGHAI, July 5 (SMM) - China's magnesium powder output stood at 6,900 mt in June, down 4.10% MoM. The output totalled 43,000 mt in January-June 2022.
The domestic magnesium powder output continued to decline in June. According to the magnesium powder sellers, the demand from steel mills was still weak. Although magnesium prices fall stably recently, the overall prices are still higher than expected. In addition, the domestic steel demand is less resilient and the transactions with high prices are poor. Therefore, the market have a strong bearish sentiment. It is expected that the magnesium powder output will be 6,700 mt in July amid the weak market.
![Costos respaldan las cotizaciones del lingote de magnesio; la débil demanda en los mercados nacional e internacional podría llevar a una consolidación [SMM Informe exprés del mercado spot del lingote de magnesio]](https://imgqn.smm.cn/usercenter/LYGyd20251217171725.jpg)

![El aumento de los costos de producción impulsa al alza los precios de los lingotes de magnesio, mientras que la débil demanda limita el repunte [SMM Magnesium Ingot Spot Express]](https://imgqn.smm.cn/usercenter/qjvqf20251217171725.jpg)
