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‘Imminent risk’ of steel production shutdown amid critical magnesium shortage

By 2021-10-25T08:44:00

Steel 1006

Europe set to run out of magnesium by the end of next month as China shuts down production due to rising energy costs

Steel production facilities across Europe face an “imminent risk” of shutdown because of a critical shortage of magnesium supplies from China, the construction sector has been warned.

A group of 12 European industry bodies have issued national governments with an urgent call for action amid dwindling stockpiles of the metal, which is needed to produce key alloys used in construction.

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