Fused magnesia prices expected to plummet in wake of capacity expansion
By Laura Syrett
Published: Wednesday, 01 October 2014
A significant increase in global FM production could pull prices down and hurt higher-cost producers, traders say.
Global expansion in fused
magnesia (FM) production capacity could cause prices to
plummet in the near future, market participants have
warned.
Speaking to IM at the 57th International
Colloquium on Refractories in Aachen, Germany, last week,
traders and producers alike expressed concern over the rising
production levels, particularly in Asia...