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Magnesium Ingot Prices Crash
Mar 23, 2023 13:13
CSTSource:SMM
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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