Bottom seen in magnesite prices

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Published: Thursday, 23 April 2009

Magnesite market stabilises suggesting that prices have bottomed out, traders report

Traders of magnesite sourced from China have told IM that prices for the material which is used in a wide range of industries have now bottomed and are on the verge of stabilising despite ongoing low demand from metallurgical and foundry industries.

Prices of magnesite dropped considerably since the end...

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