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Mysteel: China sees a sharp decline in seaborne bauxite prices

Source: Mysteel Feb 18, 2025 09:11
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Bauxite Import/Export Price Shipment
Mysteel downgraded the daily assessment of Guinean bauxite (AL: 45%, SI: 3%) to $99/dmt o Feb 18, down $2/dmt from last week.
China's alumina prices remain on a downward trajectory, leading to expanding losses in the alumina sector and rising pressures on bauxite prices. Some bauxite sellers reduced offer prices for spot Guinea bauxite to around $110/dmt, while refineries put buying interest below $100/dmt, according to Mysteel's tracking. No spot trades

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