Refractory-grade bauxite prices down on weak demand
Published: Thursday, 07 July 2016
Ongoing weak demand for refractory products and lower trading activities during the summer season have weighed on Chinese-origin refractory-grade bauxite prices. Cheaper, smuggled material has further pressured prices, market participants told IM.
Spot prices for Chinese refractory-grade bauxite fell in
June as weak refractories’ demand continued to
pressure demand for the raw material.
Trading activities for the mineral are also expected to slow
down in the coming two months as many European refractory
manufacturers reduce production during summer.
IM moved all of...