Asian Metal News
Domestic magnesium prices trended up slightly by RMB1,000/t to RMB41,000~42,000/t on Tuesday, boosted by tighter supply caused by environmental audits underway in the major producing regions of Shaanxi and Ningxia.
Industry commentators project domestic magnesium prices to keep steady or describe a slight uptick this week, given tightening supply and relatively stable demand.