MagMin 2015: Rock bottom Chinese prices drag down global fused magnesia market

By Laura Syrett
Published: Tuesday, 19 May 2015

FOB China prices below $500/tonne for 97% MgO material reported as overcapacity burdens industry.

Heavily discounted prices for Chinese fused magnesia (FM) are pulling down selling values for the material worldwide, industry participants told IM at the MagMin 2015 conference in Athens, Greece, today.

One European producer with customers across Europe, the US, Middle East and North Africa, said that FOB China prices for all...

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