Magnesium Ingot Prices Crash

Published: Mar 23, 2023 13:13 (GMT+8)

Source: SMM

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SHANGHAI, Mar 23 (SMM) – Magnesium ingot prices in Fugu county, Shaanxi prvince, which is one of the major producing areas, fell to 19,900-20,000 yuan/mt today.

SHANGHAI, Mar 23 (SMM) – Magnesium ingot prices in Fugu county, Shaanxi prvince, which is one of the major producing areas, fell to 19,900-20,000 yuan/mt today. Most producers are losing money at the current prices. A major producer plans to halt production at the end of the month against severe losses.

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