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WEEKLY: China's magnesium prices hold firm amid stable demand

Source: Mysteel Jan 12, 2026 11:24
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Ferroalloys
From 2 to 9 January, the magnesium market overall maintained a firm upward trend. The price of 99.90% grade magnesium ingot was Yuan 16,800-17,000/t ($2,408-2,437/t) EXW Shaanxi including 13% VAT. And the mainstream transaction price remained at Yuan 16,700-16,800/t ($2,394-2,408/t). Offers in other regions followed with minor adjustments.   Supply side: Producers

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