European fused magnesia prices grow over 50%
Published: Wednesday, 30 August 2017
The latest surge in prices follows extreme tightness in availability of material from European producers, and compounds the shortage seen in China.
Prices of European fused magnesia (FM) have surged to exceed
the $1,000/tonne mark this week, following repeated upticks in
Chinese prices and extremely tight availability of material
reflecting on international demand flows.
While the European magnesia market as a whole somehow
managed to stave off the rapid price...