[SMM Science Popularization] the price of magnesium has nearly doubled this year! This article will take you to explore the metal magnesium.

Telah Terbit: Sep 2, 2021 08:20
SMM Science Popularization: the price of magnesium has nearly doubled this year! With the overall rise of raw materials such as coal and ferrosilicon this year, the production cost of magnesium metal has increased by nearly 10,000 yuan. Take the spot price of magnesium ingots in Wenxi area of our country as an example, the price of magnesium has soared from 15700 yuan / ton at the beginning of the year to 30250 yuan / ton today, and the price has increased by 14550 yuan / ton, an increase of nearly 93%! So where does magnesium with such a strong rise come from? What is its use? In this issue, the SMM magnesium horizon will give you a brief introduction to the basic situation of magnesium metal.

With the overall rise of coal and ferrosilicon raw materials this year, the production cost of magnesium metal has increased by nearly 10,000 yuan. Take the spot price of magnesium ingots in Wenxi area of our country as an example, the price of magnesium has soared from 15700 yuan / ton at the beginning of the year to 30250 yuan / ton today, and the price has increased by 14550 yuan / ton, an increase of nearly 93%! So where does magnesium with such a strong rise come from? What is its use? In this issue, the SMM magnesium horizon will give you a brief introduction to the basic situation of magnesium metal.

Magnesium is a silver-white, extremely light metal with good ductility. Magnesium is one of the most widely distributed elements in nature.

Since it was first discovered by human beings in 1755 and confirmed to be of use value in 1808, the development of global metal magnesium has a history of nearly 300 years. Because of its high chemical activity, magnesium can only exist in the form of compounds in nature, such as sea water, underground brine, salt lake brine, and solid minerals such as magnesite, dolomite, serpentine, talc, brucite and a small amount of other sedimentary ores. Magnesium is inexhaustible.

China is extremely rich in salt lake resources. Magnesium salts in salt lakes in China are mainly distributed in the northern part of the Tibet Autonomous region and the Chaidamu Basin in Qinghai Province. The reserves of magnesium salts in the Qaidam Basin account for 99% of the total magnesium salt identified in the country, ranking first in the country. Magnesium salts in the basin are mainly distributed in Chaerhan, Yiliping, East and West Taijinel Lake, Dalangtan, Kunteyi, Mahai and other salt lakes. Chaerhan, Yiliping, East and West Taijinel Lake are magnesium chloride, and there are magnesium chloride and magnesium sulfate in Dalangtan, Kunteyi, Mahai, Dachaidan and other mining areas, and the reserves of the two types of magnesium are basically the same. among them: magnesium chloride cumulative identified resource reserves of 4.281 billion tons, of which 1.908 billion tons of basic reserves; retained resources reserves of 4.07 billion tons, of which 1.798 billion tons of basic reserves. Magnesium sulfate accumulatively identified resource reserves of 1.722 billion tons, of which the basic reserves are 1.229 billion tons. The battle area of Chaerhan Salt Lake in Qinghai is 5856 square kilometers, and the reserve of magnesium chloride for magnesium smelting is 3.19 billion tons (second only to the Dead Sea), ranking second in the world.

In terms of solid minerals, according to public data, magnesite in the world is mainly distributed in Russia, China and South Korea, which account for 67% of the world's total magnesite.

The vast majority of magnesite resources in China are in Liaoning, accounting for 86% of the country's total. In addition, it is also distributed in Shandong, Tibet, Xinjiang and Gansu. Most of China's magnesite is open-pit mining, magnesite is mainly used to produce reburned magnesia as a raw material for refractories, followed by light-burned magnesia for the production of gel materials, and our metal magnesium, almost 100% comes from another raw material-dolomite.

At present, the proven reserves of dolomite in China are more than 4 billion tons, which are mainly distributed in Shanxi, Ningxia, Henan, Jilin, Qinghai, Guizhou and other provinces. Among them, Shanxi dolomite reserves are more concentrated, and the proven reserves are about 450 million tons, accounting for about 11.25% of the country's proven reserves. Through the Pijiang process, magnesium ingots are produced, which is the most important smelting product of magnesium.

Since 1954, the state approved the introduction of Soviet magnesite chlorination electrolysis technology to build a project with an annual output of 3000 tons in Fushun Aluminum Plant. After nearly 70 years of development, China's magnesium smelting industry has gradually formed an industrial pattern with Shaanxi as the main production base. Because the local magnesium plant in Fugu County, Shaanxi Province creatively uses the gas produced after "low-grade coal pyrolysis at high temperature or medium-low temperature pyrolysis" as fuel to produce metal magnesium, not only gas recovery is realized, fuel costs are greatly saved, but also related circular industrial chains such as raw coal coal pyrolysis, power generation, ferrosilicon and magnesium smelting have been established, making Fugu County of Shaanxi Province an important base for magnesium smelting in China. It is the largest industrial cluster of magnesium smelting enterprises in China and the world, which is evaluated by the industry as "the world magnesium industry is in China, and China's magnesium industry looks at Fugu". At present, there are more than 40 local magnesium ingot production enterprises, and the regional output has always ranked first in the country.

According to SMM, the output of magnesium ingots in China was 720000 tons in 2020, 15% less than the same period last year. Reviewing the changes of output in recent years, we found that the output of magnesium ingots decreased seriously in 2020 due to the epidemic of novel coronavirus last year. On the one hand, at the beginning of the epidemic, domestic traffic was blocked, the procurement of raw materials was difficult, the sale of products was limited, and the production rhythm was disrupted. On the one hand, the overseas epidemic situation has fermented, ports have been closed, foreign trade orders have been cancelled, demand has dropped sharply, and magnesium factories have no choice but to reduce production and insure prices, resulting in an overall decline in production in 2020. Considering the proper control of the domestic epidemic this year, overseas demand has recovered from last year, and magnesium ingot production is expected to return to previous levels this year.

At present, the downstream products of magnesium ingots in China are mainly magnesium alloy, aluminum alloy, sponge titanium reductant and iron and steel desulphurizer. According to the situation in 2020, magnesium alloy consumes the largest amount of magnesium ingots, accounting for 36%. Aluminum alloy consumption accounts for 29%, sponge titanium reductant consumption accounts for 18%, and iron and steel desulphurizer accounts for 10%.

In the application of magnesium alloy, especially in magnesium alloy, magnesium alloy is widely used in automobile, 3C, aerospace and other fields because of its light weight and strong electromagnetic shielding ability. it is an ideal material for the shell of transportation, electronic communication, nuclear power plant and other products.

The data show that 60% of the fuel used in the car is consumed by the self-weight of the car, and for every 100 kg reduction in vehicle mass, the fuel consumption per 100 power can be reduced by 0.7 L. CO2 emissions can be reduced by about 500g; for every 10 per cent reduction in vehicle weight, fuel efficiency can be increased by 6 per cent.

The application of magnesium alloy in automobile mainly replaces cast iron, steel stamping welded structural parts and aluminum alloy castings, mostly in the form of castings, and mainly in die casting. It is roughly divided into two categories: 1 non-load-bearing parts, mainly used in packaging components, no large load-bearing requirements. (2) the load-bearing parts are required to bear a certain load and restrain the fracture. The general AZ91D, of non-load-bearing magnesium alloy parts for automobile mainly includes: transmission box, gearbox, clutch box, motor / AC generator housing, engine shell, intake manifold, oil pan and so on. Load-bearing magnesium alloy parts generally adopt AM60B and AM50B, with high toughness and plasticity, including pedal bracket, steering wheel, beam, seat, fuel tank, brake system, wheel hub and so on.

At present, hundreds of automotive magnesium alloy parts have been developed in the industry, most of which have been put into different models and have been produced on a large scale. If added together, the total quality can reach more than 100kg.

According to the energy saving and new energy vehicle technology roadmap issued by China's Energy Saving and New Energy vehicle Development Strategy Advisory Committee, it is estimated that the amount of magnesium alloy used by new energy vehicles in China will reach 45kg by 2030. On this basis, according to the data of China Automobile Association, according to the data of automobile production and sales in China in 2020, the annual sales volume was 25.311 million, the sales of new energy vehicles were 1.367 million, and the sales of new energy vehicles accounted for 5.4% of the total new car sales. if we want to meet the requirements of the New Energy vehicle Industry Development Plan issued by the General Office of the State Council in 2021, by 2025, The sales volume of new energy vehicles reaches the standard of 20% of the total sales of new cars. In 2025, the demand for magnesium alloy for new energy vehicles in China will be more than 230000 tons. Under the goal of carbon peak and carbon neutralization, the domestic automobile industry has put forward higher requirements for automobile lightweight, and magnesium alloy, as a very excellent lightweight material, will play an increasingly important role in weight loss. I believe there will be a wider application in the future.

Pernyataan Sumber Data: Kecuali informasi yang tersedia untuk publik, semua data lainnya diproses oleh SMM berdasarkan informasi publik, komunikasi pasar, dan mengandalkan model database internal SMM. Hanya untuk referensi dan tidak menjadi rekomendasi pengambilan keputusan.

Untuk pertanyaan atau informasi lebih lanjut, silakan hubungi: lemonzhao@smm.cn
Untuk informasi lebih lanjut tentang cara mengakses laporan penelitian kami, hubungi:service.en@smm.cn
Berita Terkait
Pasar Magnesium Mematahkan Tren Penurunan karena Harga Batu Bara Melonjak, Produsen Menghadapi Kenaikan Biaya
51 menit yang lalu
Pasar Magnesium Mematahkan Tren Penurunan karena Harga Batu Bara Melonjak, Produsen Menghadapi Kenaikan Biaya
Baca Selengkapnya
Pasar Magnesium Mematahkan Tren Penurunan karena Harga Batu Bara Melonjak, Produsen Menghadapi Kenaikan Biaya
Pasar Magnesium Mematahkan Tren Penurunan karena Harga Batu Bara Melonjak, Produsen Menghadapi Kenaikan Biaya
Memasuki awal Agustus, pasar magnesium tampak terjebak dalam kebuntuan berkepanjangan. Dorongan dari pemangkasan produksi pada Juli memudar, dan pasokan magnesium primer pulih secara stabil. Sementara itu, bersamaan dengan lesunya musim panas di luar negeri dan musim sepi die-casting domestik, pesanan hilir langka dan sentimen pembelian mencapai titik terendah.
51 menit yang lalu
Lonjakan Batu Bara Memicu Pasar Magnesium, Konsolidasi Dua Bulan Akhirnya Terpecah, Pemangkasan Produksi dan Pengurangan Stok Menandakan Reli Berikutnya [Analisis SMM]
1 jam yang lalu
Lonjakan Batu Bara Memicu Pasar Magnesium, Konsolidasi Dua Bulan Akhirnya Terpecah, Pemangkasan Produksi dan Pengurangan Stok Menandakan Reli Berikutnya [Analisis SMM]
Baca Selengkapnya
Lonjakan Batu Bara Memicu Pasar Magnesium, Konsolidasi Dua Bulan Akhirnya Terpecah, Pemangkasan Produksi dan Pengurangan Stok Menandakan Reli Berikutnya [Analisis SMM]
Lonjakan Batu Bara Memicu Pasar Magnesium, Konsolidasi Dua Bulan Akhirnya Terpecah, Pemangkasan Produksi dan Pengurangan Stok Menandakan Reli Berikutnya [Analisis SMM]
[SMM Analisis Pasar Magnesium: Lonjakan Harga Batu Bara Memicu Pasar Magnesium, Konsolidasi Dua Bulan Akhirnya Tembus, Pemangkasan Produksi dan Pengurangan Stok Menjadi Panggung Reli Berikutnya] Memasuki bulan Agustus, pasar magnesium tampaknya jatuh ke dalam kebuntuan yang berkepanjangan. Dividen dari pemangkasan produksi bulan Juli memudar, pasokan magnesium primer pulih secara stabil, sementara liburan musim panas di luar Tiongkok ditambah dengan musim sepi die-casting domestik membuat pesanan hilir jarang dan sentimen pembelian berada di titik beku. Dengan penawaran dan permintaan yang sama-sama lemah, harga magnesium terkunci kuat dalam kisaran sempit 15.800-15.950 yuan/mt, dengan sedikit ruang untuk bergerak ke arah mana pun. Pada pertengahan hingga akhir Agustus, harga bahkan sempat turun ke 15.750 yuan/mt, dengan pasar secara luas mengambil sikap menunggu dan melihat. Kapan konsolidasi di level bawah ini, yang telah berlangsung dua bulan, akan menemukan titik balik masih belum diketahui.
1 jam yang lalu
Tinjauan Mingguan Magnesium SMM: Harga Magnesium Melonjak karena Didorong Biaya, Permintaan Lemah Membuat Kenaikan Tidak Berkelanjutan
4 jam yang lalu
Tinjauan Mingguan Magnesium SMM: Harga Magnesium Melonjak karena Didorong Biaya, Permintaan Lemah Membuat Kenaikan Tidak Berkelanjutan
Baca Selengkapnya
Tinjauan Mingguan Magnesium SMM: Harga Magnesium Melonjak karena Didorong Biaya, Permintaan Lemah Membuat Kenaikan Tidak Berkelanjutan
Tinjauan Mingguan Magnesium SMM: Harga Magnesium Melonjak karena Didorong Biaya, Permintaan Lemah Membuat Kenaikan Tidak Berkelanjutan
[SMM Tinjauan Mingguan Magnesium: Dorongan Biaya Menaikkan Harga Magnesium, Permintaan Lemah Membatasi Kenaikan] Minggu ini, kuotasi utama untuk magnesium ingot 99,90% di area produksi utama berada di 16.050-16.150 yuan/mt, naik 300 yuan/mt WoW, dengan harga FOB di $2.280-2.380/mt dan rata-rata $2.330/mt. Harga magnesium ingot melonjak selama sepekan, didorong oleh kenaikan biaya batu bara dan ferosilikon, ditambah dengan beberapa pengisian stok pada harga yang lebih tinggi di perdagangan luar negeri. Namun, pasar secara keseluruhan tetap ditandai oleh pasokan yang kuat dan permintaan yang lemah, dengan transaksi yang lesu pada harga tinggi dan tanda-tanda penurunan muncul di bagian akhir pekan. Permintaan luar negeri belum menunjukkan pemulihan yang substansial, dengan aktivitas pasar didominasi oleh pertanyaan tentatif, volume pesanan aktual yang terbatas, dan tekanan pembeli yang jelas untuk harga lebih rendah, menjaga perdagangan tetap lesu. Harga bubuk magnesium dan paduan magnesium di hilir mengikuti kenaikan biaya magnesium ingot, tetapi permintaan penggunaan akhir untuk bubuk magnesium tetap lemah, dengan beberapa perusahaan memangkas produksi atau menghentikan operasi, ekspor terbatas, dan tingkat persediaan meningkat. Persediaan spot paduan magnesium melimpah, persaingan antar sesama pelaku usaha ketat, dan perusahaan die-casting menghadapi pesanan yang tidak mencukupi serta tingkat operasi yang menurun, menjaga biaya pemrosesan tetap tertekan. Dalam jangka pendek, dukungan biaya dan permintaan lemah terkunci dalam tarik-menarik, dan momentum kenaikan harga magnesium mulai kehilangan tenaga, dengan pasar kemungkinan kembali ke konsolidasi. Ke depan, perhatian ketat harus diberikan pada pelepasan pesanan domestik dan luar negeri.
4 jam yang lalu
[SMM Science Popularization] the price of magnesium has nearly doubled this year! This article will take you to explore the metal magnesium. - Shanghai Metals Market (SMM)