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European magnesia prices rises

Domestic magnesite prices soaring, foreign markets are also affected. Originally relatively stable European market prices are rising higher and higher nearly six months because of the shortage of supply of Chinese magnesia.

As researched, The current European market fused magnesia FOB prices rose to 700-960 US dollars / ton from the beginning of the 500-680 US dollars / ton, rarely over 40%.

US market fused magnesia prices have also risen, but the increase is not about 10%. FOB US prices from the beginning of the 900-1400 US dollars / ton float to 1000-1500 US dollars / ton.

Wanhao is a manufacturer who is specialized in designing various kinds of furnace and making refractory products for electric furnace, ladle, tundish, blast furnace, AOD furnace, IF furnace, etc.