Price Briefing: Lithium contract price stable, but spot market is tight
Published: Friday, 08 April 2016
While Chinese refractories companies are licking their wounds after a bearish and bloody 2015, battery producers are reveling in increased profit margins as demand ticks up. TiO2 markets look set to recover also - but will this be passed onto mineral sands producers?
A bad week once again for refractory markets as China's
Refractory Association went public with the news that the
industry is losing money fast on the back of a limping steel
market and, it seems, outdated practices.
Falling levels of production, revenue and profit, combined
with lower export volumes and...