Relative positioning: Magnesia producers adjust to new industry conditions
Published: Monday, 27 April 2015
With declining refractories consumption in key consuming sectors like steel and cement manufacturing, the balance of supply against demand is worrying many in the magnesia industry. Josie Shillito, Reporter, looks at the global trading picture and examines how magnesia companies are shifting their positions to adjust to new market dynamics.
Magnesia consumption is linked to a handful of generally
steady end markets. As a key refractory mineral, its usage is
correlated to steel and cement manufacturing, while as an
ingredient in markets ranging from flame retardants and water
treatment to human medicine and animal feed, small but stable