Price development of magnesium: The global demand for magnesium is expected to reach a CAGR of only 3.4 % to 1.2 million tons by 2020. The trend towards lightweight construction in the automotive and aerospace industries, including die casting, as well as the use of aluminium alloys are the main drivers. The average growth rate for the die casting segment and aluminium alloys is 4 %. China currently accounts for around 80 to 85 % of global production capacity and probably also for production. China's production capacity exceeds demand considerably. Some of the smaller suppliers are likely to withdraw from the market in the medium-term. The experts therefore do not see any further growth potential for the magnesium price until the end of the first quarter of 2018 and expect it to rise by $ 2,200 per ton with a margin of $ 300 per ton.
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:quality(80)/images.vogel.de/vogelonline/bdb/1786200/1786223/original.jpg "With the production of window systems made of aluminum frames, SAG has positioned itself for further expansion in the railroad sector.")
:quality(80)/images.vogel.de/vogelonline/bdb/1786200/1786214/original.jpg "Daimler Truck AG intends to market serially produced fuel cell-powered heavy commercial vehicles for long-distance operations in the second half of the decade.")
:quality(80)/images.vogel.de/vogelonline/bdb/1784200/1784206/original.jpg "The initial focus for the LME’s plans in respect of sustainable production is aluminum, upon which much of the market feedback focused.")
:quality(80)/images.vogel.de/vogelonline/bdb/1784500/1784594/original.jpg "The Audi e-tron is the global top seller among electric vehicles made by German premium manufacturers.")
:quality(80)/images.vogel.de/vogelonline/bdb/1775600/1775698/original.jpg "With the use of a heat recovery system, approx. 3,000 t CO2 can be saved over 10 years.")
:quality(80)/images.vogel.de/vogelonline/bdb/1788300/1788361/original.jpg "In order to determine the lightweight potential of structural components in multimaterial design, the researchers carried out fatigue tests on bonded, riveted and hybrid joined bowl specimens.")
:quality(80)/images.vogel.de/vogelonline/bdb/1786400/1786489/original.jpg "ALTEK’s technology enables to recover more than 45 % aluminum, depending on existing recovery techniques, than has traditionally been possible.")
:quality(80)/images.vogel.de/vogelonline/bdb/1786300/1786364/original.jpg "YXLON released new Cheetah and Cougar EVO Microfocus X-ray systems.")
:quality(80)/images.vogel.de/vogelonline/bdb/1786800/1786852/original.jpg "Project ISA3 will focus on the design and development of aluminium automotive doors that would be 15 % lighter than current average aluminium solutions.")
:quality(80)/images.vogel.de/vogelonline/bdb/1786600/1786613/original.jpg "Automotive light-weighting is the concept of using advanced materials to meet increasingly stricter government regulations.")
:quality(80)/images.vogel.de/vogelonline/bdb/1783500/1783583/original.jpg "ASI Chain of Custody Certification achieved for Audi in Ingolstadt and Neckarsulm rolled material press plants operations to provide ASI Material through Aluminum Closed Loop.")
:quality(80)/images.vogel.de/vogelonline/bdb/1783800/1783884/original.jpg "A special feature of the new Jeep Grand Cherokee L is its lightweight potential, made possible by the combination of magnesium, aluminum and high-strength steel.")
:quality(80)/images.vogel.de/vogelonline/bdb/1776800/1776890/original.jpg "For a period of around three weeks, exhibitors and visitors can share information, set up meetings and communicate live via chat and video functions on the online platform for the EUROGUSS MEXCO Virtual Weeks.")
:quality(80)/images.vogel.de/vogelonline/bdb/1768500/1768591/original.jpg "In the live webinar, Johannes Messer called on stakeholders from the entire value chain to join forces.")
:quality(80)/images.vogel.de/vogelonline/bdb/1766800/1766805/original.jpg "The new date for the Forum Gießerei-Industrie is set for June 14-15, 2021.")
/cdn4.vogel.de/infinity/white.jpg "Price development of magnesium: The global demand for magnesium is expected to reach a CAGR of only 3.4 % to 1.2 million tons by 2020. The trend towards lightweight construction in the automotive and aerospace industries, including die casting, as well as the use of aluminium alloys are the main drivers. The average growth rate for the die casting segment and aluminium alloys is 4 %. China currently accounts for around 80 to 85 % of global production capacity and probably also for production. China's production capacity exceeds demand considerably. Some of the smaller suppliers are likely to withdraw from the market in the medium-term. The experts therefore do not see any further growth potential for the magnesium price until the end of the first quarter of 2018 and expect it to rise by $ 2,200 per ton with a margin of $ 300 per ton.")
