Worldwide magnesium demand is forecasted to increase by 7.5% to 745,000 tonnes in 2012 from 2011. The demand is expected to increase by 14% to 280,000 tonnes for aluminium alloy additive and to increase by 10% to 210,000 tonnes for automotive die casting. Australian consulting company, Clark & Marron (C&M) released the demand forecast at the international magnesium conference held by International Magnesium Association in San Francisco, the USA for May 20-22.C&M analyzes the global magnesium demand would grow up by 6.6% per year averagely and reach 950,000 tonnes in 2016. The demand is expected to increase mainly for aluminium alloy additive and automotive die casting.
Japan Steel Scrap Composite Prices (Sangyo Press)12/12/2019
|24500YEN (600)||26800YEN (500)|
|223.68US$ (5.97)||244.68US$ (5.11)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)