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Magnesia latest news

  • October 2017

    European fused magnesia market continues surge higher

    25 October 2017

    Availability of fused magnesia is tight, which is a factor driving prices higher. The dependence on graphite electrodes in the FM production process is contributing to this upward price trend.

  • China sees local economies buoyant despite pollution clamp-down

    19 October 2017

    Government growth figures for refractory-production centres suggest resilient growth, which is likely to add support for further inspections.

  • RHI Magnesita eyes 27 Oct LSE listing

    17 October 2017

    The Dutch financial authority gave its go-ahead to the LSE listing of the group’s shares, as the year-long merger process is expected to be completed in the next 10 days.

  • RHI seeks December restart for Norway magnesia plant

    16 October 2017

    The company aims to have its fused magnesia line ‘up and running’ in Norway before year-end.

  • UniteCR ’17: Andalusite supply contracts expected to be shorter, costlier

    12 October 2017

    Market patterns governing andalusite trade are expected to change next year, as suppliers say they will seek shorter contracts amid a situation of high demand and limited output.

  • European fused magnesia prices rise further

    11 October 2017

    Spot prices of fused magnesia material in Europe have risen by up to $400/tonne on average as Chinese FM grades also appreciated after the Golden Week holiday.

  • Chinese fused magnesia prices extend rally after holidays

    10 October 2017

    Prices are rising, but a shortage of feedstocks is limiting gains for producers.

  • Price briefing 29 September – 5 October

    06 October 2017

    With China shut for the golden week holiday between 1-8 October, business across many industrial minerals remained very quiet. But environmental restrictions in the country continue to disrupt production in many minerals. Graphite prices in Europe spike amid output crimp and rising demand; Fused alumina producing region in Henan province have enforced mass shutdowns from November onwards; and with the draconian anti-pollution measures and related shutdowns showing no sign of abating, a number of buyers are also anticipating higher raw material costs in 2018.

  • Metal Bulletin Group completes its first independent benchmark assurance review

    05 October 2017

    Metal Bulletin Group, a leading provider of information to the steel and metals industry, has completed its first external assurance review of selected benchmark prices.

  • UniteCR ’17: Buyers brace for higher raw material prices in '18

    05 October 2017

    Several consumers of refractory minerals gathered in Santiago told IM they are certain that “everything will appreciate” next year as shortage of materials will trigger higher contract prices.

  • UniteCR ’17: Refractories recycling takes centre stage as shortage bites

    04 October 2017

    With the markets of several raw materials currently experiencing short supply and surging prices, refractory makers should invest into recycling options, delegates were told in Santiago.

  • China's magnesia exports surge in August

    03 October 2017

    While exports of caustic calcined magnesia, dead burned magnesia and fused magnesia surged in August, after a decrease over the summer, the average value per tonne of material exported continued to appreciate as domestic supply constraints feed through to international markets.

  • RHI to restart fused magnesia plant in Norway

    02 October 2017

    The major refractory producer plans to increase fused magnesia production at its Norwegian site as Chinese supply continues to be curtailed by environmental control, pushing prices to record highs.

  • RHI divests dolomite business to Intocast

    02 October 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.

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