Print article
Sources report that US spot prices for pure magnesium have risen to $2.60-2.70 per lb, up an average of 19% from $2.20-2.25 last month.
In December, the US Commerce Department set anti-dumping duty of 111.73% on magnesium from Tianjin Magnesium Intl.
Magnesium prices in Europe have also risen. According to market sources, trading is around $2,750-2,800/mt.