Since March 4, 2024, magnesium price was lower than aluminum's, with opposite price trends and a widening price gap. The magnesium-aluminum ratio stayed below 1.0 for nearly ten months, signaling the cost-effectiveness of magnesium alloys. In 2025, the ratio is expected to stay reasonable, and the industry should regain confidence in stable supply. Meanwhile, the low magnesium price has boosted investment confidence.
