For the Quarter Ending December 2025
North America
• In the USA, the Magnesium Alloy Ingot Price Index fell by 5.79% quarter-over-quarter, due to ample imports.
• The average Magnesium Alloy Ingot price for the quarter was approximately USD 2406.00/MT, assessed quarterly.
• Magnesium Alloy Ingot Spot Price softened; December freight eased, and Chinese shipments increased, pressuring offers.
• Magnesium Alloy Ingot Price Forecast indicates limited upside because imports remain ample and buyers are cautious.
• Magnesium Alloy Ingot Production Cost Trend shows primary magnesium costs steady, with potential winter energy-related volatility.
• Magnesium Alloy Ingot Demand Outlook remains weak with EV-procurement falling and construction buying subdued.
• Magnesium Alloy Ingot Price Index moderated by inventory rebuilds, capping spot volatility despite freight shifts.
• Chinese production surges and South-Korean shipments ensured ample supply, constraining U.S. offers this quarter.
Why did the price of Magnesium Alloy Ingot change in December 2025 in North-America?
• Abundant imports from China and Canada increased availability, lowering landed costs and reducing buyer urgency.
• Lower China-to-USA freight rates trimmed CFR landed costs, narrowing gaps between Asian and Houston offers.
• Soft automotive procurement, particularly after EV subsidy expirations, reduced upstream demand for lightweight-magnesium alloys.
APAC
• In China, the Magnesium Alloy Price Index fell by 3.28% quarter-over-quarter, due to rising supply and weak exports.
• The average Magnesium Alloy price for the quarter was approximately USD 2240.00/MT, reflecting mixed demand.
• Magnesium Alloy Spot Price tightened in December as maintenance reduced supply and supported seller offers.
• Magnesium Alloy Price Forecast signals modest near-term weakness as export caution offsets NEV demand support.
• Magnesium Alloy Production Cost Trend rose as ferrosilicon costs increased, squeezing producer margins, limiting flexibility.
• Magnesium Alloy Demand Outlook is mixed with robust NEV automotive orders but weaker export procurement.
• Magnesium Alloy Price Index was supported by thin Tianjin inventories and steady overseas call-offs recently.
• Thin Tianjin inventories amplified seller discipline, while predictable logistics thereby allowed steady overseas demand absorption.
Why did the price of Magnesium Alloy change in December 2025 in China?
• Winter energy inspections and Pidgeon kiln idlings in Shaanxi and Shanxi reduced alloy production days.
• Elevated ferrosilicon feedstock costs increased producers' cash costs, constraining discounting and supporting higher offers domestically.
• Thin Tianjin inventories and steady export call-offs allowed sellers to raise offers despite muted restocking.
Europe
• In Germany, the Magnesium Alloy Ingot Price Index fell by 4.62% quarter-over-quarter, driven by import oversupply pressures.
• The average Magnesium Alloy Ingot price for the quarter was approximately USD 2367.00/MT, per assessed levels.
• German Magnesium Alloy Ingot Spot Price firmed in December as freight rose and die-caster buying propped CFR.
• Magnesium Alloy Ingot Price Forecast shows near-term gains from pre-holiday buying and constrained Chinese export allocations.
• Magnesium Alloy Ingot Production Cost Trend rose with higher freight and magnesium costs, raising landed costs.
• Magnesium Alloy Ingot Demand Outlook is mixed as automotive resilience contrasts with weak construction and muted procurement.
• Earlier high inventory eased, but Price Index volatility continued amid Chinese production surges and shipping disruptions.
• Importer restocking and euro strength moderated landed costs despite elevated CFR offers and firm automotive demand.
Why did the price of Magnesium Alloy Ingot change in December 2025 in Europe?
• Elevated Chinese export volumes increased supply into German ports, creating oversupply and pressuring domestic price levels.
• Higher freight rates and seasonal container scarcity raised landed costs, intensifying buying urgency and affecting CFR assessments.
• Weak construction demand, coupled with steady automotive orders, left a mixed consumption profile, limiting sustained price recovery.
For the Quarter Ending September 2025
North America
• In USA, the Magnesium Alloy Ingot Price Index rose by 6.0% quarter-over-quarter, reflecting stronger automotive procurement.
• The average Magnesium Alloy Ingot price for the quarter was approximately USD 2554/MT, CFR Houston basis.
• Magnesium Alloy Ingot Spot Price tightened as Chinese export reductions reduced spot availability, lifting offers.
• Magnesium Alloy Ingot Price Index strengthened before easing as import competition increased and buyer caution.
• Magnesium Alloy Ingot Price Forecast indicates modest declines into September, inventory accumulation and buyer caution.
• Magnesium Alloy Ingot Production Cost Trend remained subdued, limited energy movement eased landed cost pressure.
• Magnesium Alloy Ingot Demand Outlook shows strong automotive demand but weak construction and appliance buying.
• Inventory accumulation and competitive European and Korean offer increased oversupply risk, limiting Price Index support.
Why did the price of Magnesium Alloy Ingot change in September 2025 in North America?
• Chinese export reductions tightened seaborne supply, elevating CFR offers into the U.S. and tightening spot availability.
• Strong automotive registrations increased immediate alloy demand, prompting short term procurement and reducing visible inventories.
• Competitive European and Asian offers and measured buyer restocking behaviour pressured prices amid limited production flexibility.
APAC
• In China, the Magnesium Alloy Ingot Price Index rose by 6.60% quarter-over-quarter, pressured by exports.
• The average Magnesium Alloy Ingot price for the quarter was approximately USD 2316.00/MT, FOB Tianjin.
• Tight spot dynamics intermittently supported the Magnesium Alloy Ingot Spot Price, despite growing export volumes.
• Short-term Magnesium Alloy Ingot Price Forecast indicates modest declines as oversupply persists and demand softens.
• Lower raw magnesium costs reduced feedstock expenses, improving the Magnesium Alloy Ingot Production Cost Trend.
• Regional Magnesium Alloy Ingot Demand Outlook remains mixed, with export resilience offsetting weak domestic automotive.
• Rising inventories pressured the Magnesium Alloy Ingot Price Index, prompting exporters to lower FOB offers.
• Major smelter restarts and smooth Tianjin logistics increased exportable tonnage, adding pressure on spot prices.
Why did the price of Magnesium Alloy Ingot change in September 2025 in APAC?
• Increased domestic alloy production and smelter output expanded exportable supply, creating oversupply pressure in September.
• Soft overseas demand and buyer caution reduced bulk orders, limiting uptake of available export volumes.
• Lower raw magnesium costs eased production costs, while Tianjin logistics remained smooth supporting FOB shipments.
Europe
• In Germany, the Magnesium Alloy Ingot Price Index rose by 8.88% quarter-over-quarter, import-driven port flows.
• The average Magnesium Alloy Ingot price for the quarter was approximately USD 2481.67/MT, importer reports.
• Port inventories rose while Magnesium Alloy Ingot Spot Price volatility increased amid Chinese export flows.
• Traders referenced Magnesium Alloy Ingot Price Forecast as bearish due to sustained oversupply and buying.
• Upstream input costs influenced Magnesium Alloy Ingot Production Cost Trend with lower magnesium easing margins.
• Regional demand softness underpins Magnesium Alloy Ingot Demand Outlook, especially across automotive and construction markets.
• Import competition compressed spreads; Magnesium Alloy Ingot Price Index reflected stronger arrivals despite weak consumption.
• Major supplier restarts tightened lines while inventories remained elevated, influencing Magnesium Alloy Ingot Price Index.
Why did the price of Magnesium Alloy Ingot change in September 2025 in Europe?
• Increased Chinese export availability pressured landed costs, outpacing subdued German die-casting and automotive demand sectors.
• Port inventory buildups and cautious restocking reduced spot purchases, weakening Magnesium Alloy Ingot Price Index
• Easing raw material costs lowered production expenses, but logistics and mixed demand prevented price recovery.
For the Quarter Ending June 2025
North America
• The Magnesium Alloy Ingot Price Index in North America fell by 11.2% quarter-over-quarter in Q2 2025, reflecting a sustained surplus in market availability. The decline was largely driven by aggressive overseas offers—especially from South Korea, Germany, and Mexico—amid stagnant downstream demand in the U.S. auto components and die-casting sectors.
• The Magnesium Alloy Ingot Production Cost Trend remained stable, supported by uninterrupted production flows and energy-efficient smelting in supplier countries. No major logistics bottlenecks or plant outages were reported, and the CFR Houston supply chain operated smoothly throughout the quarter.
• The Magnesium Alloy Ingot Demand Outlook remained conservative as Tier-1 automotive suppliers postponed purchases, citing excess Q1 inventory and weak production forecasts for summer 2025. Policy ambiguity surrounding potential tariffs on magnesium alloy imports also contributed to cautious procurement behaviour.
• Why did the price change in July 2025?
• The Magnesium Alloy Ingot Spot Price held steady in July, reflecting a balanced market where sufficient inventories and flat production activity offset any upward pricing pressures. With buyers still hesitant and export-driven competition intact, the Magnesium Alloy Ingot Price Forecast for North America remains neutral in the near term.
APAC
• The Magnesium Alloy Ingot Price Index in China recorded a 13% quarter-over-quarter decline in Q2 2025, a result of accelerated smelting activity outpacing demand. Smelters across Xinjiang and Shaanxi resumed operations, lifting output substantially and adding export pressure to already well-stocked inventories.
• The Magnesium Alloy Ingot Production Cost Trend declined as raw magnesium prices softened and production efficiency improved. Domestic manufacturers benefited from a 6.63% MoM increase in primary magnesium output, enabling them to offer more competitively priced alloy ingots into international markets.
• The Magnesium Alloy Ingot Demand Outlook was weighed down by sluggish overseas demand, particularly from automotive markets in Germany, Japan, and the U.S. Electronics and consumer goods sectors provided only marginal support, while FOB Tianjin shipments faced limited buyer interest.
• Why did the price change in July 2025?
• Following a 1.6% decline in June, the Magnesium Alloy Ingot Spot Price in China remained flat in July, reflecting weak order books and intensified export competition. Although production momentum continued, limited end-use uptake capped any pricing recovery, keeping the Magnesium Alloy Ingot Price Forecast range-bound for the near future.
Europe
• The Magnesium Alloy Ingot Price Index in Europe, especially at CFR Rotterdam and Hamburg ports, declined by 13% quarter-over-quarter in Q2 2025. Elevated shipments from China and other Asian producers—offering lower-cost quotes—flooded the market, while domestic output in Germany and the Netherlands held steady, further deepening the surplus.
• The Magnesium Alloy Ingot Production Cost Trend remained steady in Europe, but import prices dropped due to currency strength (euro appreciation), low freight rates, and declining raw material costs from exporting nations. The combination of smooth port logistics and no major bottlenecks enabled uninterrupted CFR flows.
• The Magnesium Alloy Ingot Demand Outlook remained soft across the continent. In the Netherlands, weakening EV production and a rise in second-hand EV exports signaled reduced need for fresh ingot stock. German industrial buyers, facing stagnant output from machinery and engineering sectors, adopted conservative procurement strategies and relied on existing inventories.
• Why did the price change in July 2025?
• The Magnesium Alloy Ingot Spot Price in Europe declined slightly in July, continuing the Q2 downward trend. Ample portside inventories, weak die-casting demand, and competitive FOB offers from Chinese exporters suppressed any potential rebound. As a result, the Magnesium Alloy Ingot Price Forecast across Europe remains flat to bearish unless a Q3 recovery in auto production or electronics demand materializes.
For the Quarter Ending March 2025
North America
• The North American Magnesium Alloy Ingot Price Index witnessed a decline during Q1 2025, settling at around USD 2415/MT CFR Houston.
• This downturn was primarily driven by increased supplies and eased demand, especially from the key sector like automotive.
• Why did the price of Magnesium Alloy Ingot change in April 2025? During early April 2025 prices were decreased further, as automotive sector recovery remains slow and inventories stay elevated.
• High interest rates dampened vehicle sales, a key driver of Magnesium Alloy Ingot Demand Outlook in this region.
• Construction activity offered some stability; however, it wasn’t sufficient to counter the broader negative momentum.
• Freight transportation variability and persistent supply chain disruptions further pressured the Magnesium Alloy Ingot Spot Price.
• The quarter recorded a 9.7% decline compared to Q4 2024, reflecting weak buyer sentiment and ample inventory.
• The Magnesium Alloy Ingot Production Cost Trend was relatively stable, but margin pressure mounted due to falling prices.
• The Magnesium Alloy Ingot Price Forecast suggests continued downward movement unless automotive recovery gains traction or supply tightens.
Europe
• The Magnesium Alloy Ingot Price Index in Europe showed a quarter-over-quarter decline of 8.5%, ending at USD 2319/MT CFR Hamburg.
• Why did the price of Magnesium Alloy Ingot change in April 2025? During April 2025 prices were projected to decrease slightly, influenced by cautious purchasing behaviour and excess inventory levels.
• Regulatory shifts, weak construction activity, and a sluggish automotive sector affected overall consumption patterns.
• The Netherlands experienced the most notable fluctuations, driven by a mismatch between supply and demand.
• No major production outages were reported, suggesting that the Magnesium Alloy Ingot Production Cost Trend remained under control.
• However, high stock levels and low end-use activity depressed the Magnesium Alloy Ingot Spot Price.
• Seasonal effects and bearish market sentiment reinforced weak trading volumes and price pressures.
• The Magnesium Alloy Ingot Demand Outlook remains subdued in Europe due to ongoing macroeconomic uncertainty.
• The Magnesium Alloy Ingot Price Forecast suggests marginal declines unless Q2 sees stronger construction or manufacturing activity.
APAC
• The Magnesium Alloy Ingot Price Index in APAC declined sharply, with prices dropping by 8.9% compared to the previous quarter, ending at USD 2223/MT FOB Tianjin.
• Why did the price of Magnesium Alloy Ingot change in April 2025? In early April 2025 prices remained weak and decline further, driven by continued oversupply and slow demand recovery.
• China led regional price drops, influenced by rising supply, low-cost competition, and weaker-than-expected industrial activity.
• Global economic challenges, reduced manufacturing momentum, and supply chain bottlenecks kept prices under pressure.
• The Magnesium Alloy Ingot Spot Price was especially sensitive to fluctuating export volumes and inconsistent domestic demand.
• The Magnesium Alloy Ingot Demand Outlook in APAC remains fragile, with oversupply scenarios outweighing recovery signals.
• Manufacturers struggled to maintain profitability amid falling prices and competitive market conditions.
• Despite limited cost inflation, producers felt the squeeze due to price wars, contributing to an adverse Magnesium Alloy Ingot Production Cost Trend.
• The Magnesium Alloy Ingot Price Forecast for Q2 shows limited upside potential unless industrial recovery in China accelerates.
