Metal Bulletin’s European magnesium price
climbed to $3,100-3,400 per tonne on April 27 from $3,100-3,200 previously, while the fob China price
reached $3000-3,200 per tonne on Wednesday May 2 from $2,900-2,950.
Producers in China’s Shanxi and Shaanxi provinces jointly raised their ex-works magnesium prices without acid pickling treatment to a minimum of 16,500 yuan ($2,614) per tonne on a cash payment basis, and to 17,000 yuan per tonne on money order basis, in mid-March
It was a joint...