Price wars put pressure on Chinese magnesia prices

By Albert Li
Published: Wednesday, 01 April 2015

Aggressive bidding for refractory mineral tenders is forcing down the price of magnesia, while stricter environmental rules, policy mistakes and overcapacity are also putting pressure on refractories producers and their raw material suppliers.

Fierce competition in the Chinese magnesia industry is putting pressure on prices, with producers facing unsustainably thin margins, IM learned at the China Refractory Association annual general meeting last week.

Magnesia producers from the northeast quarter of China, the country’s main magnesia and...

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