Magnesium Market Report July 2014

Magnesium ingot prices remained generally stable in July.Asian Metal CopyrightMagnesium ingot prices remained generally stable in July.Asian Metal Copyright One by one, plants started regular maintenance early in the month, so tight supply and a slight increase in ferrosilicon prices maintained the upward trend in magnesium ingot prices seen in late June.Asian Metal Copyright The magnesium metal market had entered the slack season for demand with most downstream users shutting down their operations for maintenance during the scorching weather, limiting market activity.Asian Metal Copyright However, most buyers made hand-to-mouth purchases, given the soft demand at home and abroad, so the market activity was subdued.Asian Metal CopyrightMagnesium ingot prices remained generally stable in July.Asian Metal Copyright The magnesium metal market had entered the slack season for demand with most downstream users shutting down their operations for maintenance during the scorching weather, limiting market activity.Asian Metal Copyright One by one, plants started regular maintenance early in the month, so tight supply and a slight increase in ferrosilicon prices maintained the upward trend in magnesium ingot prices seen in late June.Asian Metal Copyright Some producers slightly lowered their offering prices to ease pressure on stocks at the end of the month.
.Asian Metal Copyright However, most buyers made hand-to-mouth purchases, given the soft demand at home and abroad, so the market activity was subduedAsian Metal Copyright