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China’s magnesium market faces a mixed outlook in the short term, as improving supply for the lightweight structural metal is not being followed by a revival in downstream demand after end-users were stung by a price spike this summer, according to an industry executive at one of the country’s top magnesium producers.
Domestic magnesium prices have slumped in recent weeks in response to China's successful efforts to stabilise the cost and supply of coal, a price-induced shortage of which partly triggered the
The Caixin China General Manufacturing PMI was at the neutral level of 50 for March
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