In May Russia imported 818 tons of magnesium, including scrap, down by 4.8% MoM, but up by 549.3% YoY.
In 5 months imports grew by 32%, to 3.7 thousand tons.
China decreased deliveries in May by 13%, to 704 tons, followed by Hong Kong – 12.7%.
In monetary terms imports since the start of the year have increased by 58.2%.
Import prices in May dropped by 9%, to $2.9 per kg. (Ukrainian metal)