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Magnesium prices have stabilized as restocking has been completed

Source: Mysteel Feb 09, 2026 09:26
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Ferroalloys
From 30 Januaryto 6 February , the magnesium market pricesmaintained a weak and stable trend , falling initially before rebounding.The price of 99.90% grade magnesium ingot was Yuan 16,400-16,500/t ($2,364-2378/t) EXW Shaanxi including 13% VAT. And the mainstream transaction price remained at Yuan 16,300-16,400/t ($2,349-2,364/t). Offers in other regions followed with minor adjustments.   Supply side: Factories maintained

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