Chinese magnesia prices challenge other producing regions
Published: Wednesday, 09 September 2020
The European magnesia markets have been very sluggish so far in 2020, with the Covid-19 pandemic striking while consumers were trying to cut back swollen inventories.
Magnesia consumers in Europe have been working through large
inventories since 2019, after a period of active buying in 2018
when refractory producers and steel companies built up their
stocks in response to higher prices at that time.
Market sources began 2020 looking for stabilization in the
market, if not...