SMM News on April 30th:

In April 2024, the domestic mines in Shanxi and Henan provinces, which had been shut down due to various reasons, continued to remain stagnant. The market's expectations for the resumption of production of bauxite mines in Shanxi have been pushed back, while the current increase in imported mines is limited, making it difficult to meet the demand. The supply gap of bauxite mines in Shanxi and Henan is obvious. This has also become one of the important reasons for the continuous rise in alumina futures prices in April to a certain extent...