Magnesium oversupply fears said overblown
May 22, 2012 | 02:22 PM
| Suzy Waite
Tags
magnesium,
International Magnesium Association,
Alan Clark,
Clark & Marron,
Posco,
Suzy Waite
SAN FRANCISCO — Potential oversupply of magnesium isn’t a major concern even as a number of countries, in addition to China, are expected to begin producing the metal, market participants said at an industry conference.
"There’s potential new non-Chinese production in (South) Korea, Australia, Canada and the Middle East," Alan Clark, a director at Melbourne, Australia-based consulting firm Clark & Marron Pty Ltd., said Monday at the International Magnesium Association’s 69th Annual World Magnesium Conference in San Francisco.....
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