Balancing sluggish demand with tight supply in bauxite

By Sybil Pan
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...

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