Magnesia latest news

• June 2020

  Germany's crude steel production tumbles by 27% in May, WV Stahl says

  25 June 2020

  Crude steel production in Germany fell by 27% year-on-year in May 2020, following a 24% drop in April due to output adjustments made by mills to address the Covid-19-driven deterioration in steel demand, German steel federation WV Stahl said on Wednesday June 24.

• EU passenger car sales to plummet by 25% in 2020 on Covid-19 impact, ACEA says

  24 June 2020

  Sales of passenger cars in the EU will fall by 25% year on year in the full 2020 because of the Covid-19 pandemic, the European Automotive Manufacturers Association (ACEA) said on Tuesday June 23.

• Higher Henan refractory output in Apr-May signals recovering operations

  17 June 2020

  Henan refractory production recovered in April and May compared with the first quarter of 2020 with more enterprises returning to normal but refractory raw materials’ markets remain under pressure under a broadly sluggish market.

• RESEARCH: Key takeaways from the latest Steel Raw Materials Market Tracker

  11 June 2020

  The latest forecasts from Fastmarkets’ team of analysts are ready to view.

• China magnesia prices drift down; talks start on magnesite mining halt

  10 June 2020

  China’s magnesia market fell in the week to Tuesday June 9, with lower prices heard in the spot market due to fiercer competition between producers and weak downstream buying, while talks on a new round of stops to magnesite mining in Liaoning province have started, market participants said.

• EU CARMAKER CLOSURES 08/06: Further UK restarts tempered by sector job cuts

  09 June 2020

  Honda and Nissan will restart operations at their respective UK facilities today following pandemic related shutdowns, the companies said on Monday June 8.

• Global steel demand to drop 6% in 2020 due to Covid-19, Worldsteel says

  05 June 2020

  Global demand for steel will decrease by 6.40% year-on-year in 2020 due to the effects of Covid-19 pandemic lockdown measures, the World Steel Association (Worldsteel) said on Thursday June 4.

• China’s magnesia producers keep operating rates low amid poor demand

  04 June 2020

  Lower rates of operation and a new round of environmental inspection in Liaoning province failed to support China’s magnesia market, with sufficient stocks and slow downstream buying keeping prices constrained.

• China's refractory materials output falls 4% in April

  03 June 2020

  Refractories production in China fell to 1.65 million tonnes in April, down by 4.1% year on year, according to data from the China Association of Refractories.

• Spain's crude steel production down by 52% in April - Unesid

  03 June 2020

  Spain’s steel production declined in April due to Covid-19-related restrictions, with output sinking below the figures reached over the “worst months of the financial crisis in 2008,” Unesid, the country’s steel association, said.

• RESEARCH: Key takeaways from the latest Stainless Steel Tracker

  02 June 2020

  The latest forecasts from Fastmarkets’ team of analysts is ready to view.

• China’s DBM magnesia exports fell in April, while FM and CCM up

  01 June 2020

  Chinese exports of dead burned magnesia fell in April from the corresponding month of 2019 due to slow activity from global buyers, while caustic calcined magnesia and fused magnesia exports increased.

• EU STEELMAKER CLOSURES 29/05: ArcelorMittal to restart operation in Bosnia, Italy's Terni and AFV Beltrame reduce output

  01 June 2020

  ArcelorMittal plans to restart production at its mill in Bosnia, while Italy’s AFV Beltrame puts one plant on pause and Acciai Terni Speciali cuts output in the week ended Friday May 29.