The Chinese magnesium market was supported by output cuts and the suspension of operations at small plants in the week ended Friday April 17, but muted demand has limited supply-driven price increases in the international market.
Fastmarkets assessed the price of magnesium 99%, exw China, at 13,000-13,100 yuan ($1,836-1,850) per tonne on Friday, up from 12,900-13,100 yuan per tonne a week earlier.The export price remained flat in a slow market, in which exporters were...