NewsFlash / Minor Metals / Magnesium Ingot Prices Surge, Leading to Sluggish Transactions
Magnesium Ingot Prices Surge, Leading to Sluggish Transactions
iconMay 7, 2025 17:57
Source:SMM
[SMM Magnesium News] SMM reported on May 7 that today's mainstream quotations from magnesium ingot smelters in the main producing areas were in the range of 16,700-16,800 yuan/mt, up 150 yuan/mt from the previous working day. As magnesium prices continued to rise, downstream customers found it increasingly difficult to keep up, resulting in sluggish magnesium ingot transactions today.

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