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Magnesia latest news

  • September 2017

    Price briefing 15–21 September

    22 September 2017

    Chinese fused magnesia prices hit all-time high; a ban on sales of explosives propel bauxite prices; brown fused alumina hit two-year high; iodine rises as consumers stock up; lithium prices held firm

  • Morgan develops extra-large crucibles

    21 September 2017

    The crucibles will have a capacity of 3 tonnes of molten metal, which can be increased up to 10 tonnes for specific melting requirements.

  • Tata Steel, ThyssenKrupp sign MoU for EU joint venture

    21 September 2017

    The proposed merger would lead to the creation of Europe's second-largest steelmaker.

  • Chinese fused magnesia prices reach new high

    20 September 2017

    Supply constrains in the Chinese magnesia market on the back of the draconian environmental laws and the uncertainty associated with perceived consolidation has pushed fused magnesia prices to new high.

  • Fengchi Refractories Co to boost magnesia output in strong market

    19 September 2017

    China's Fengchi Refractories Co plans to treble its capacity of dead burned magnesia by the end of the year as prices and sales soar.

  • European fused magnesia prices at decade-high

    18 September 2017

    The commodity has reached its highest price levels since 2008.

  • Chinese magnesia exports dwindling after early surge

    15 September 2017

    China’s shipments of CCM, DBM and FM exceeded 1m tonnes in just over half a year but slumped over the past three months as production issues slashed availability.

  • Higher revenues, lower margin for RHI in H1

    14 September 2017

    Improved activity in refractory sales to both steelmakers and industrial customers led to higher turnover but negative currency effects, impairment charges related to the divestments and merger-related costs dented profitability.

  • Chinese magnesia market continues to surge

    13 September 2017

    The magnesia market in China continues to appreciate on the back of tightness in supply and production stoppages. Meanwhile, Anshan is planning to consolidate all local magnesia companies into one, state-owned, conglomerate.

  • Magnesita sells Oberhausen carbon bricks operation

    12 September 2017

    The company’s magnesia carbon bricks facility in Germany is being acquired by Intocast, the group that is also taking over RHI’s dolomite operation in Italy and refractory plant in Spain.

  • RHI divests dolomite business to Intocast

    11 September 2017

    RHI is divesting its dolomite operations in Spain and Italy, which will be taken over by Germany’s Intocast, following European directives prior to the merger with Magnesita. Separately, the company is also selling off the fused cast refractories for glassmaking business in Italy and Russia.

  • Chinese fused magnesia exports decline in June

    08 September 2017

    FM shipments marked a first turning point after months of record-high increases, while DBM exports are starting also to edge downward and CCM continues to grow.

  • Global Refractories: Facing the next production revolution

    08 September 2017

    One of the largest markets for industrial minerals, refractories are essential for producing steel, glass, ceramics, cement and lime and for many other processes requiring high temperatures. But as Richard Flook* explains, despite their crucial role, manufacturers of these products are facing significant challenges from changing global trends.

  • Indian refractories sector hopes rising steel tide will lift all boats

    08 September 2017

    Booming steel production has helped prop up demand for Indian refractories amid lacklustre demand from cement and foundries, but as Sunder Singh, IM Correspondent explains, the country’s relatively healthy market is attracting increased foreign competition.

  • China magnesia exports continue to grow in July

    07 September 2017

    Exports of magnesia products out of China posted a surge in the seven months to July.

  • Price briefing 25 August – 31 August

    01 September 2017

    European fused magnesia prices surged; antimony trioxide market hit new highs; rising lithium carbonate prices to catch up with hydroxide; lower inventories lift iodine prices

  • August 2017

    European fused magnesia prices grow over 50%

    30 August 2017

    The latest surge in prices follows extreme tightness in availability of material from European producers, and compounds the shortage seen in China.

  • Indian mineral index flat in June

    23 August 2017

    Monthly production of chromite, limestone, magnesia and bauxite all decreased, while limestone, zinc and lead concentrate rose.

  • Vesuvius to supply casting equipment to ThyssenKrupp’s Brazil site

    21 August 2017

    The ladle tube changer will connect ladle and tundish casting stages at thyssenkrupp CSA’s facility, removing the need for workers to operate near the molten metal and making the casting process more automated.

  • Puyang Refractories ups H1 profits but warns of more disruptions

    16 August 2017

    The refractory products maker saw higher revenue and profits in the first half of the year, but warned that volatility in magnesia prices and supply can lead to further disruptions.

  • Magnesia prices rise as environmental focus back on Liaoning

    15 August 2017

    Prices of fused magnesia and dead burned magnesia rose again over the past week as the attention of the central government returns to Liaoning, where environmental inspectors found numerous irregularities that local authorities must now rectify.

  • Magnesita posts higher H1 revenues but swings to net loss

    14 August 2017

    The refractory maker posted record sales of dead burned magnesia but a combination of higher costs and negative exchange rate effects, as well as expenses related to the ongoing merger process with RHI, affected profitability.

  • China tax evasion clampdown leads to wave of arrests

    14 August 2017

    Several refractory minerals suppliers alleged to have committed tax evasion have reportedly been arrested in China, with many wary of Beijing’s clampdown on the practice warning that there could be more prosecutions.

  • Chinese fused magnesia exports drop in June

    08 August 2017

    FM shipments marked a first turning point after months of record-high increases, while DBM exports are starting also to edge downward and CCM continues to grow.

  • MTI boosts profits in H1

    04 August 2017

    The minerals and technology supplier saw higher demand for calcium carbonate in China, flat mineral sales and lower activity in the refractories space, but managed to improve margins.

  • Martin Marietta Q2 profits grow further on construction recovery

    03 August 2017

    Demand from the residential housing end markets increased almost 15% in the quarter as a number of southern US states continue to drive the recovery in the construction sector.

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