Fused Alumina Market Report April 2013
2013-05-13 14:37:51 【Print】
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In April, steel industry still did not show any improvement, and the refractory market ran slowly. The price of brown fused alumina dropped by around RMB50/t (USD8/t), while the price of white fused alumina hold steady after a decrease in March
. Fused alumina market saw slow purchase activities . Export market was still quiet, and export price faced a downward pressure due to RMB rapid appreciation . There was no improvement in European market, and American consumers still relied on inventories with very few trading from China suppliers .