NewsFlash / Minor Metals / Magnesium alloy prices and processing fees weaken
Magnesium alloy prices and processing fees weaken
iconJul 2, 2025 17:44
Source:SMM
[SMM Magnesium Update] The mainstream ex-factory prices of magnesium alloy in China, including tax, were 17,700-17,900 yuan/mt, while the mainstream FOB prices stood at $2,480-2,510/mt. Recently, as major magnesium alloy producers continued to expand capacity, the supply of magnesium alloy has steadily increased, leading to intensifying competition in processing fees, which currently remain at low levels. According to a representative from a magnesium alloy manufacturer, as the die-casting industry enters the off-season, magnesium alloy orders have declined. Given the lack of support from downstream demand, manufacturers face rising inventory pressure, and magnesium alloy processing fees are expected to remain in the doldrums.

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