International Magnesium Market Price Review

- May 25, 2018-

International Magnesium Market Price Review

American market

In April, the related price of magnesium in the U.S. market was basically stable.

According to the MW report, the import price of US magnesium ingot traders was fine-tuned from US$1.44 to US$1.48/lb to US$1.45 to US$1.49/lb in April; the US spot price for magnesium ingots stabilized at US$2.10 to US$2.20/lb; US die-cast alloys. (Trader) The price is stable at $1.60 to $1.80/lb.

European market

In April, relevant quotes in the European market rose.

In April, the price of magnesium ingot disclosed by the British Metal Bulletin (MB) was raised from US$2,400 to US$2,500/ton to US$2,450 to US$2,500/ton. The European strategic small metal Rotterdam warehouse price was lowered from US$2,425/ton to US$2,250/ton. The price of the European free market published in the US Metal Weekly (MW) was raised from US$2,375 to US$2,500/ton to US$2,425 to US$2,525/ton.