Stainless Espresso: Magnesium - EU industry concerned about shortage25 October 2021 – The EU industry is deeply concerned about an emerging shortage of magnesium. Magnesium prices have skyrocketed since September 2021. According to industry associations, Europe will run out of magnesium by the end of November – if nothing happens. A home-grown crisis, as the EU relies 95% on cheap imports from China. […] Source