30 DECEMBER 2015Shanghai Metal Market
China appetite for imported bauxite to weaken
Edited by : AL CIRCLE
1 min read
China’s appetite for imported bauxite will weaken as Chinese alumina giants announced massive output cuts.
Shandong Weiqiao Pioneering Group and Shandong Xinfa Group announced in December to slash alumina production by 3 million tonnes.
China imported 5.42 million tonnes of bauxite in November, up from 4.48 million tonnes in October and up 110.84% from a year ago, customs data showed. The month-on-month increase was mainly contributed by imports from Malaysia, India, Brazil and Guinea.
Shandong Weiqiao Pioneering Group and Shandong Xinfa Group announced in December to slash alumina production by 3 million tonnes.
China imported 5.42 million tonnes of bauxite in November, up from 4.48 million tonnes in October and up 110.84% from a year ago, customs data showed. The month-on-month increase was mainly contributed by imports from Malaysia, India, Brazil and Guinea.
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