Price wars put pressure on Chinese magnesia prices
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
industry is putting pressure on prices, with producers facing
unsustainably thin margins, IM learned at the
Association annual general meeting last week.
Magnesia producers from the northeast quarter of China, the
country’s main magnesia and...