China leads the world in magnesium production with more than 70% of total global volume (followed by Russia), but its continued dominance is subject to factors including international trade relations, currency exchange rates, internal environmental standards and increases in energy and labor costs. Expectations are for greater demand for magnesium, according to a recent five-year national industry plan. Indeed, S&P Global Platts has been quoted, “In accordance with China’s plans for the domestic magnesium sector for the 13th Five-Year Plan period (2016-2020), China’s national magnesium output is expected to grow 8.4% per annum and hit 1.3 million metric tons by end 2020.”
(see http://www.magnesium.com/w3/news-room/news_open.php?news=7165 for more.)
The new China Primary Magnesium Market research report is an in-depth study of the current state of the sector, with analysis ranging from production and sales and revenue, to raw materials, labor costs and new projects. The report focuses on the major drivers and restraints for the market’s key players (including US Magnesium, Dead Sea Magnesium, Rima Group, UTMK, Ding He Mining Holdings Limited, Magnesium Elektron, POSCO, International Magnesium Group, and China Magnesium Corporation), with company profiles, product portfolios, capacity, price, cost and revenues. Market share, segmentation, revenue forecasts and geographic regions of the market are also primary subjects.
For a sample of China Primary Magnesium market research report visit http://www.absolutereports.com/enquiry/request-sample/10477757
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