The association of refractory producers in the city of Yingkou has called on local companies to adjust their prices on the back of market tightness and production shutdowns. The Refractory Industry Association of Yingkou, in China’s Liaoning province, announced last week it is recommending an increase in sale prices of magnesium-based refractory products due to …

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Brown fused alumina prices in China reached a 1.5-year high this week. The ongoing anti-pollution checks continue to cap production in Henan while scrutiny on export documents is ridding the market of lower offers. Chinese brown fused alumina spot prices hit a 1.5-year high over the past two weeks as widespread environmental inspections continue to push prices …

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The latest surge in prices follows extreme tightness in availability of material from European producers, and compounds the shortage seen in China. Prices of European fused magnesia (FM) have surged to exceed the $1,000/tonne mark this week, following repeated upticks in Chinese prices and extremely tight availability of material reflecting on international demand flows. While the European …

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Further crackdown on environmental rule-breaking plants in Shanxi have slashed calcined bauxite output, pushing prices up over the past fortnight. Chinese calcined bauxite spot prices increased over the past fortnight as the already tight supply dwindled further amid more governmental shutdown of production facilities. The Shanxi government announced 11 August that all plants that breached environmental standards …

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The global steel industry has reached «an important inflection point» that requires steelmakers to consider new strategies to survive, World Steel Association Director General Edwin Basson said May 11. Speaking during the Eurometal World Steel Distribution & SSC Summit in Dusseldorf, Germany, Basson said current global installed steel capacity, which is about 2.39 billion tonnes, …

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