SMM News on July 22:

According to the General Administration of Customs of China, China imported 13,334,800 tons of bauxite in June 2024, a decrease of 1.6% from the previous month and an increase of 15.4% year-on-year. From January to June 2024, China imported a total of 77,350,700 tons of bauxite, representing a year-on-year increase of 7.35%.

(Customs Code: 26060000)

SMM Brief Comment: Overall, the total import of domestic bauxite has maintained year-on-year growth, but the increase is difficult to fully cover the supply gap caused by the reduction and shutdown of domestic mines. The spot supply of domestic bauxite market continues to be tight. In the first half of July, the arrival of domestic bauxite at ports...