BFA prices continue decline
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Published: Wednesday, 28 October 2009
Chinese brown fused alumina producers slash prices to improve cash flow
Chinese
producers of brown fused alumina (BFA), a key input in the
production of refractories and abrasives, continue to
aggressively reduce prices in order to raise cash to meet
payroll commitments, industry participants reported.
“Chinese producers are already dumping BFA on the
market to raise cash to make payroll...