NewsFlash / Minor Metals / Magnesium Market Stabilizes and Shows Signs of Rebound; Prospects for "Stable and Long-Term Growth" Analyzed
Magnesium Market Stabilizes and Shows Signs of Rebound; Prospects for "Stable and Long-Term Growth" Analyzed
iconAug 24, 2024 19:04
Source:SMM
[SMM Analysis: Magnesium Prices Stabilize and Rebound - Can the Magnesium Market Achieve "Stable and Long-Term Growth"?] Driven by news stimulus and downstream purchases at low prices, magnesium plant confidence has recovered. After nearly two weeks of continuous downward pressure on the market, as of press time, the mainstream market transaction price of 90 magnesium ingots in the main producing areas is 17,600 yuan/ton...
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