WFA price down but bauxite, BFA prices stable amid soft demand
Published: Friday, 29 May 2020
The price of white fused alumina (WFA) fell still further on the low end of the range, amid the dollar’s depreciation against the euro over the fortnight ended Thursday May 28. Prices for refractory-grade bauxite and brown fused alumina (BFA) stayed flat while demand remained sluggish.
Weak performances in sectors such as infrastructure,
construction and automotive indicated that the weakening demand
situation could affect the market more significantly than the
issues seen on the supply side, according to market
Meanwhile, the underperforming downstream steelmaking sector
continued to weigh on refractory raw materials.
In April, Germany’s...