Balancing sluggish demand with tight supply in bauxite
Published: Thursday, 10 September 2020
Refractory-grade bauxite prices have held firm due to tightening supply despite the uncertainties caused the Covid-19 pandemic.
The refractories market has been under pressure since 2019
and the Covid-19 pandemic brought another blow to the market by
slashing industrial activity significantly in 2020.
Global output of crude steel, the major downstream consumer
of refractory products, fell by 6% year-on-year to 873.1
million tonnes in the first six...