【SMM Weekly Magnesium Price Alert】 This week, Magnesium ingot prices in major producing regions edged down slightly during the week. Driven by the low prices, inelastic demand-based purchases picked up somewhat and prices rebounded from the bottom, yet upward momentum remained insufficient once supply was released. Meanwhile, export FOB prices rose slightly, with transactions boosted by phased order fulfillment, but overseas end-users' significant price pressure capped upside potential.