China's magnesium powder output stood at 6,000 mt in March, down 7.6% MoM. YTD output through March totalled 18,000 mt.
In March, the operating rates of the domestic magnesium powder industry continued to decline, and magnesium powder companies generally held a pessimistic attitude towards the market. The person in charge of a large magnesium powder company said that due to the high price of magnesium in the past two years, the domestic terminal demand for magnesium powder applications has shrunk severely.