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The magnesium ingot market remained generally stable yesterday, with mainstream quotations from magnesium ingot smelting enterprises at 15,950-16,050 yuan/mt, and mainstream transaction prices concentrated at 16,000 yuan/mt. Magnesium prices remained stable.
From the raw material market, the price of 75# ferrosilicon in Shaanxi stayed at 6,200-6,300 yuan/mt, with pessimistic market sentiment and low willingness from steel mills to increase prices. It is expected that ferrosilicon prices will continue to face pressure in the short term. The ex-factory tax-exclusive price of 1-3 grade dolomite was 88 yuan/mt, down 20 yuan/mt from the previous day, while the ex-factory tax-exclusive price of 2-4 grade dolomite remained unchanged at 128 yuan/mt. Considering that downstream magnesium plants of dolomite are gradually shutting down due to rising costs, dolomite prices are expected to fluctuate downward in the future.
The magnesium ingot market remained generally stable yesterday, with sellers and buyers generally cautious. Mainstream quotations from magnesium ingot smelting enterprises were firm, while downstream procurement was mainly based on rigid demand. The magnesium market exhibited a strong atmosphere of negotiation. Under the dual impact of inventory at high levels and weak demand, the pressure on magnesium prices remains.
![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)
