[SMM Flash News] On May 13, affected by the tight inventory situation at some magnesium ingot smelters, magnesium ingot producers showed strong sentiment to stand firm on quotes. Today, the mainstream quotations for 99.90% magnesium ingot in the main producing areas were 17,400-17,500 yuan/mt, with market quotes basically flat compared to the previous working day. The availability of low-priced goods decreased, while transactions for high-priced goods were sluggish, with only a few large producers achieving a small volume of transactions at the 17,500 yuan/mt level.