SHANGHAI, Jun 9(SMM) -
China's magnesium ingot output stood at 85,800 mt in May, up 1.95% MoM and 29.12% YoY, according to SMM statistics. The output totalled 422,400 mt in the first five months in 2022, a year-on-year increase of 26.36%.
According to SMM research, due to the end of environmental protection inspects, the output of magnesium plants in Inner Mongolia and Xinjiang increased in May. At the same time, because of the downward movement of magnesium prices with the weather turning hotter, some factories in the main production areas stopped production in June for maintenance. It is expected that the domestic magnesium ingot output will decrease slightly to 82,000 mt in June on the month. SMM will continue to focus on the production changes in the main producing areas.

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