SMM imported iron ore weekly price changes
Iron ore prices continued to rise this week, with the average weekly spot price of mainstream varieties at ports rising by 13 yuan/ton.
As of April 26, bauxite prices by specifications and region were as below: 520-560 yuan/mt for bauxite (Al/Si ratio of 5 and alumina content of 60%) in Shanxi; 500-550 yuan/mt for bauxite (Al/Si ratio of 5 and alumina content of 60%) in Henan; 350-410 yuan/mt for bauxite (Al/Si ratio of 5.5 and alumina content of 58%) in Guizhou; 320-335 yuan/mt for bauxite (Al/Si ratio of 6 and alumina content of 53%) in Guangxi. All were on self pick-up and excluding VAT basis.
The average capacity utilisation rate of coke oven stood at 67.36%, up 1.3 percentage points WoW. The coke oven capacity utilization rate in Shanxi was 65.4%, an increase of 0.6 percentage points week-on-week.
SMM statistics showed that the coke inventories of coking plants were 264,000 mt last week, up 8,000 mt or 3.12% WoW.
Lithium Hydroxide Battery Material Project with An Annual Output of 50,000 Tons of Albemarle in Sichuan Province Officially Put into Operation.