SMM Forecast For China Magnesium Alloy Output in June

Judging from the current market transaction, the domestic magnesium alloy market demand is relatively stable, but due to the continuous sluggish export orders, magnesium alloy enterprises were more pessimistic.

According to customs data, China’s magnesium alloy exports in April fell by 19% year-on-year. It is estimated that the output of magnesium alloy in June will remain low and stabilise at about 25,000 mt.

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