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