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Magnesia features

  • April 2017

    Surging freight rates in Asia push mineral shipping costs higher

    25 April 2017

    Rising freight rates in Asia continued to lift transportation costs for a number of industrial minerals from China, with buyers telling IM that vessel space is limited despite the higher cost.

  • Puyang Refractories reports steep loss in 2016

    24 April 2017

    The Chinese company posted a drop in profits exceeding 300% owing to an underperforming steel market and lower demand from cement makers, while the raw materials divisions performed better.

  • Zibo to halve refractory capacity in transition plan

    24 April 2017

    The aim of the governmental initiative is to boost production of high-value materials while, at the same time, keep a close eye on companies’ tax payments and environmental practices.

  • Chinese state agencies co-operate to combat tax evasion, minerals smuggling

    21 April 2017

    Following an announcement by the Chinese tax authority to clamp down on import and export checks on 20 April, three different government bodies have signed an information sharing agreement as part of Beijing’s intensifying efforts against illegal smuggling activities and tax evasion.

  • Yingkou to control magnesite mining volumes

    21 April 2017

    The magnesia-producing city wants to consolidate the local industry while, at the same time, clamp down on pollution and overcapacity.

  • China clamps down on tax evasion

    21 April 2017

    Beijing has intensified efforts to clamp down on tax evasion on industrial minerals imports and exports to and from China.

  • Indian mineral index grows 3% in February

    21 April 2017

    Larger output of coal boosted the index for the month, as well as industrial minerals including bauxite and chromite.

  • Price briefing 7-13 April

    13 April 2017

    Chemical grade chromite prices declined; Chinese fused magnesia prices increased; Chinese producers raised offer prices for antimony trioxide; and China's largest rare earths producer hiked its prices for the fourth time in 2017.

  • Fused magnesia prices increase in China

    12 April 2017

    Intermittent production issues are starting to have an effect on Chinese export prices for fused magnesia, while caustic calcined and dead-burned magnesia are holding for the moment. Meanwhile demand for European material is on the rise, according to market participants.

  • Brazil doubles magnesia exports in Q1

    10 April 2017

    Volumes of fused, caustic calcined and dead burned magnesia shipped abroad by Brazilian exporters more than doubled in the first quarter as US demand continues to fare strongly.

  • Pricing notice: Magnesia FOB China prices updated online

    05 April 2017

    Please note that due to a technical issue Industrial Minerals' FOB China magnesia prices were not published on 4 April 2017.

  • Life after steel: Is there more for magnesia?

    03 April 2017

    The global steel industry may have taken a turn for the better, but refractory magnesia continues to face oversupply. Cameron Perks, IM Correspondent, looks at why the decline of magnesia’s largest end market is failing to deter new entrants to the sector.

  • China’s magnesia industry: Changing or reforming

    03 April 2017

    China’s refractory magnesia sector has been nominally targeted for reform by the country’s government for a number of years, but while change in the industry is evident, Albert Li, IM Correspondent, considers whether these amendments are for better or worse.

  • IM's March Price Movements

    03 April 2017

    IM's monthly price movements.

  • Kümas – ready to rumble

    03 April 2017

    With one eye fixed on China and the other on its internal investment programme, Turkish refractories supplier Kümas is positive the magnesia market will bounce back.

  • March 2017

    Turnover falls at Chinese refractory companies

    31 March 2017

    Total turnover at China’s 62 key refractory companies fell 3.72% year-on-year (y-o-y) in 2016 to Chinese renminbi (Rmb) 32.04bn ($4.65bn). The average profit rate was 2.54%.

  • China’s refractory customers show strength in 2016

    31 March 2017

    Downstream markets such as steel, construction and nonferrous metals, which consume industrial minerals via refractories, saw growth in China in 2016.

  • Chinese refractory products output falls in 2016

    31 March 2017

    China’s output of refractory products (excluding source materials) continues to fall.

  • Ohio will host new HarbisonWalker refractories plant

    28 March 2017

    HarbisonWalker's has chosen South Point, Lawrence Country as the best location for its $30m monolithic refractories facility due to existing infrastructure.

  • Bauxite & Alumina ’17: Monolithics to continue growth trend

    20 March 2017

    Unshaped refractories are expected to gain further traction in emerging markets, while penetration in mature markets will be slow, according to leading refractories producer Calderys.

  • Price Briefing 10-16 March

    17 March 2017

    Antimony trioxide spot prices spike; magnesia unchanged but supply to remain tight; China-origin soda ash falls.

  • IM in Liaoning: China's magnesia supply set to remain tight until H2

    15 March 2017

    During a recent trip to visit magnesia companies in Haicheng and Dashiqiao, in China’s Liaoning province, IM’s Albert Li learned that supply has become very tight, as a result of severe environmental restrictions. This has led to a surge in domestic prices and an expectation of a similar rise in export prices.

  • EU magnesia market fails to bow under Chinese pressure

    10 March 2017

    European magnesia prices are holding as the lower offers from China have not generated the sudden knock-on effect that was first feared, while EU producers reported higher demand from customers who cannot source meaningful volumes from China

  • Price briefing 3-9 March

    10 March 2017

    Magnesia held unchanged, as brown fused alumina and titanium dioxide prices increased while iodine remained stable.

  • AMG increases profit in Q4

    09 March 2017

    Operations in the quarter were supported by positive developments in the AMG's critical minerals segment including better product mix and stronger sales, as capital expenditure increased to fund ongoing projects in lithium and graphite.

  • Rebound in US magnesia demand in early 2017

    07 March 2017

    US demand for Brazilian magnesia has surged 500% in volume terms in 2017 to date, while Latin American and European destinations recorded slower demand flows.

  • Price Briefing 24 February – 2 March

    03 March 2017

    Environmental controls in China continued to disrupt production for a number of industrial minerals; magnesia prices could rise; antimony trioxide climbed week-on-week; pigments producers announced price hikes for iron oxide.

  • Restructuring changes buoy Vesuvius 2016 results

    03 March 2017

    Despite large flat steel markets and excess steel-making capacity impacting the market, Vesuvius reported an increase in profits and revenue owing to restructuring savings.

  • Magnesia supply issues ahead in China, market says

    03 March 2017

    Chinese magnesia market participants believe production stoppages and the resulting supply implications will impact domestic prices as material continues to flow out of the country at lower values due to the lifting of the export quota.

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