Calcined Bauxite Market Report August 2013
2013-09-11 18:01:24 【Print】
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In August, as most steel mills went through maintenance, the consumption of refractory reduced further
. The calcined bauxite market ran slowly with feeble demand. The supply of bauxite ore was still tight with increasing price, but the feeble demand made the mainstream price steady at RMB1,500-1,600/t (USD245-261/t) ex works VAT excluded for calcined bauxite 85%min 0-1mm,1-3mm and 3-5mm (down-draft kiln) . From the latter August, some steel mills resumed production, and the calcined bauxite market picked up slightly with some downstream consumers replenished inventories . Regarding the export market, most foreign buyers were on summer holiday, and the export market also became slow . The freight even increased at the beginning of August, and traders had to pay another 6-7% of value-added tax for their export business .