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WEEKLY: Magnesium prices show narrow fluctuations, with weak market demand

Source: Mysteel Mar 16, 2026 11:17
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Ferroalloys
From 3 March to 13 March , the magnesium market prices maintained stable , with relatively small fluctuations. The price of 99.90% grade magnesium ingot was Yuan 16,700-16,800/t ($2,420-2434/t) EXW Shaanxi including 13% VAT. And the mainstream transaction price remained at Yuan 16,650-16,700/t ($2,412-2,420/t). Offers in other regions followed with minor adjustments.   Supply side: Producers currently show

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