US Magnesium Alloy Ingot Market Extends Gains as Higher Freight Costs Support July Prices

US magnesium alloy ingot AZ**D CFR Houston prices edged slightly higher in July ****, extending the *.*** gain recorded in June as a combination of freight cost inflation on the transpacific Asia-US shipping lane, steady downstream automotive procurement, and disciplined Chinese export scheduling sustained the modest upward pricing trajectory for that has characterized the US magnesium alloy ingot import market through the second quarter of the year.

In June ****, magnesium alloy ingot AZ**D prices in the USA stood at USD *,***/MT, with freight inflation on the Asia-US lane cited as a key driver of the price movement — a dynamic that carried forward into July as transpacific shipping costs remained elevated following the re-escalation of US-Iran tensions and the associated disruption to global shipping route economics.

China is the world&#**;s dominant magnesium alloy producer and the primary supply origin for US AZ**D...