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Magnesia latest news

  • May 2017

    Price briefing 12-18 May

    19 May 2017

    The ongoing draconian anti-pollution controls in China continue to disrupt production in a number of minerals, which has lifted prices in bauxite and antimony trioxide. Meanwhile, fused magnesia is no longer available in China; producers announced another rare earth price hike; chromite and silicon carbide prices remained stable; and lithium carbonate spot have risen in China again.

  • No fused magnesia available in China’s Liaoning

    17 May 2017

    The spate of environmental controls and temporary closures of plants in the province have resulted in a clearance of stockpiles of fused magnesia which, with no production taking place, is now sold out.

  • Deyang completes inspection on local refractories plants

    15 May 2017

    Three refractories manufacturers based in the city have carried out an upgrading process of local operations to comply with the stricter environmental norms.

  • Beijing Lier returns to profitability in 2016

    15 May 2017

    China’s largest refractory contractor to the steel sector returned to profitability after a net loss the previous year, as turnover posted a single-digit increase.

  • Higher steel activity supports Magnesita’s Q1 sales

    11 May 2017

    The Brazilian company saw improved revenues for refractories sales to steelmakers and industrial customers, while raw material turnover surged.

  • Revenue, profits grow for RHI in Q1

    11 May 2017

    Higher sales in both steel and industrial divisions led to growth in RHI's revenues and profits. Control clearance is now in the works in Brazil and Europe as part of the merger process with Magnesita.

  • China Q1 magnesia exports hit record high as values plunge

    05 May 2017

    Following the cancellation of the export tax on magnesia at the start of the year shipments from the country have continued to increase with CCM and DBM export volumes hitting record highs in March. The average value or price of magnesia exported, meanwhile, continues to decline.

  • Construction boosts Q1 sales for Martin Marietta

    03 May 2017

    Higher demand for aggregates was seen in southern US states, as sales of cement and building materials were supported by the strengthening of construction and infrastructure across the country – a driver that the company believes will persist in the coming months.

  • Chinese magnesia production disruption worsens

    03 May 2017

    Almost all magnesia producers in Haicheng and Dashiqiao are currently shut amid ongoing environmental controls; while European magnesia prices are stable market participants are wary of impact to the market should the situation in China persist.

  • April 2017

    Brazil doubles magnesia exports in Q1

    27 April 2017

    Exports more than double in Q1; US demand still strong; Trade value surge

  • 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.

  • 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.

  • 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.

  • 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.

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