Output of Magnesium Ingot Stood at 84,200 mt in April in China

SHNAGHAI, May 9(SMM) -  The domestic output of magnesium ingot stood at 84,200 mt in April, down 3.02% MoM and up 24.14% YoY, according to SMM statistics. The output totalled 336,600 mt, a year-on-year increase of 25.68%. According to SMM research, the output of magnesium ingot fell slightly in April. Output declined in Inner Mongolia and Xinjiang due to environmental protection inspects, while output of some plants in Shanxi fell because of the transport restrictions caused by the pandemic. Considering that the pandemic in Shanxi is under control and the environmental protection inspects lasting for a month in Xinjiang and Inner Mongolia are coming to an end, the output of magnesium ingot is expected to increase by 85,000 mt in May. SMM will continue to focus on the release of the rectification policy in the main production areas of semi-coke.