China minor metals: Production costs buoy light metals

Chinese magnesium prices increased for a third consecutive week on higher prices for coal and ferro-silicon, and titanium prices moved up in line with the increased cost of magnesium, a key ingredient in titanium sponge production.
Antimony
The market held steady with producers reluctant to cut prices despite thin buying interest from downstream consumers. Prices for 99.65pc grade metal were assessed flat for a second week at 46,000-47,000 yuan/t ($6,805-6,953/t) compared with a week earlier. …
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Source: Metal Pages

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