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Magnesium Market Review and Outlook at home and abroad


The future of the current market conditions magnesium Western world primary magnesium production capacity of 30 million t / a. Since 1992, the Western world magnesium production has been lower than the demand for feed (see Table 1) This is because the Western magnesium producers to resist the low price of magnesium strategies adopted. The West since the end of 1994, magnesium production plant and can not quickly production capacity will use the rain set up housing company in the United States and Japan Road closed magnesium plant at the same time nor the new pulp production capacity, resulting in the magnesium market demand, prices situation. According to reports, the Norwegian company to drop accounting NomkHydr0 full production later this year, the Porsgrunn magnesium production plant will reach 35 000 t / a's do not count indicators in Canada Be-carico ~ l ~ magnesium plant output will be close to 45,000 t / a of no account indicators. Northwest Alloys Corporation recently announced that the company's sixth production line put into operation, and Road House magnesium company shut down its B factory is to strengthen the A plant production capacity. He applied the French Line company is also close to magnesium production at full capacity. All the magnesium plant in the CIS, in addition to Ukraine Zaporozbye stop outside the plant remains are also close to the maximum limits of production project B force. The first quarter of this year, the CIS and China exports to the West magnesium 11,500 t, of which China exported 5364t. The estimated annual export volume of pure magnesium is about 5 million t. Same level in 1993. To this end, NorskHydro company experts believe that if the demand for magnesium die castings continue to grow, then the magnesium demand will reach 30 million this year, t, then the magnesium market supply will be more nervous. (In the first quarter of this year, the amount of 75,500 t user purchased projections are likely to base on Diego 300 000 t). On the contrary, some analysts predicted that the second half of this year due to production of magnesium market, a surge in supply will ensure the supply, prices will start at the same time under magnesium tablets. According to reports, the rising price of magnesium has been unbearable in consumer industries, steel desulfurization, and can use the scrap aluminum magnesium (continued on page 3 price inflation is not sustainable,[link widoczny dla zalogowanych], the market can not maintain the existing price level, some observers believe prices in the near future will become or indium, and ultimately can only be maintained at 200 dollars / kg level. 1989 1990 1993 is 1991 is 1992 Chih Chih】 99 {transparent electrical bonding of manganese】 7.020023253 ● 45 {3.6. 7d. 555 fluorescence Jin 19,01 L01 has 0109】 0 of Taiwan Semiconductor 5.76.2766 low melting point material bearing 131.411】】 Taijin 4.5.04454 contact materials 2.6072.5333 spear lying odd plate 0O3.0333 other 10.09. O8.1883 Total 87063-064.0657280 (Continued from page 32) manufacturers are looking for alternative raw materials, pure magnesium, so that the pure magnesium partakers off family room has been little upward price, rose to $ 4,[link widoczny dla zalogowanych],500 at the most / t . Magnesium from the longer-term supply and demand situation, some experts predicted the Western world in 1997 demand will reach 360,000 Mg t. Currently the Western world primary magnesium production capacity of 300,000 t (not including the end of 1994 closed 30 000 t / a). In 1994 the Western world primary magnesium production only 22.4l million t, shows great potential for increase. Road House and the U.S. company closed production capacity of 30,000 t will raise A plant's ability to fill. Japan shut down production capacity in China through a joint venture with the magnesium plant capacity increase compensation. And in 1996 the Israeli Dead Sea Magnesium plant a capacity of 25,000 t of primary magnesium and magnesium alloys will be put into production. There are also two 25 000 t / a production capacity determined by market conditions at the construction period. January 1996 annual output of 10,[link widoczny dla zalogowanych],000 t of Norway for a magnesium recycling plant will be commissioned. Over a 38 increase in production capacity in the near future was also a big country, a new magnesium plant put into operation this year and the renovation and expansion capacity will be 20,000 t so. According to another report, two of Russia are also looking for foreign investment in magnesium wide renovation and expansion that will increase exports of the East to the West. Aggregate supply and demand balance of the next two years from the point of view, the basic balance between supply and demand but the market still needs a bit nervous of new capacity, because the West and the CIS,[link widoczny dla zalogowanych], some of the magnesium plant equipment is relatively old. China's magnesium industry to take advantage of the favorable supply the international market opportunity and actively expand exports, now Japan is completely dependent on imports of magnesium, the automotive industry developed,[link widoczny dla zalogowanych], but the car just started to use magnesium die casting, magnesium die castings in 1994, only its internal magnesium Magnesium consumption of 5 +2, the market potential is great. Magnesium is currently the main producing countries optimistic about the market in Japan, even though China is Japan's largest suppliers of magnesium, but be prepared to see the market competition is very fierce. J used to be difficult to pronounce the full geographic advantage, and expand exports of Japan and neighboring countries, and constantly improve service and product quality.

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