Refractory Zone: Tightening Supply To Drive Up Prices?

This article comments that the supply of raw material bauxite in Chine for the production of high grades of calcined bauxite, remains extremely tight. Chinese supply has eroded in recent years as rising production costs and tightening environmental restrictions have led to closures in Chinese capacity. The situation is particularly fraught for bauxite used in the highest calcined grades and according to reports, this market tightness is expected to continue and potentially worsen in the coming years.