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Q4 earnings up 24%; MTI back to pre-recession performance levels, says CEO
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A conclusion to the sale of Turkey’s leading dead burned magnesia and refractories producer, Kutahya Manyezit İşletmeleri AŞ (Kumas), appeared imminent by the end of January 2012.
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Turkey, South Korea and Italy show robust growth; signs of slowdown at year-end
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Sluggish steel outlook tempered by cement stimulus from post-quake reconstruction
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Austrian refractories major boosts stake in Stopinc to 100%, eyes Asia expansion
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Henan-based refractories group targets increased revenue and profit in 2012
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World output rises 1.1% as marginal China drop is offset by the US and South Korea
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Indian steel producer secures Salem-based magnesia and refractory producer
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Finnish processor aims to triple unit’s sales in Australia, SE Asia in three years
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Impact of financial markets on European refractories industry brings cautiousness for early 2012; Lanxess to focus on foundry grade of chromite
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Talks at UNITECR 2011, which took place in Kyoto, Japan, were focused on the challenges of the Chinese refractories and Australian steel industry and on the Indian mineral potential
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Japan’s largest refractories producer, Shinagawa Refractories targets overseas development and seeks stability in mineral sourcing
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Business fears impact of sovereign debt crisis in some countries says PRE president
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But 2011 should be “substantially ahead of 2010”; increase in foundry prices maintained
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Quarter impacted by economic slowdown as drive to 90% vertical integration continues
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Nervousness of global financial markets brings caution for beginning of 2012
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Highlights impact of raw material cost, magnesia acquisitions in Ireland, Norway
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UNITECR: BlueScope NSW furnace closure sinks refractories market by up to 15%
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UNITECR: Work on dunite, sillimanite, zircon grades show steel refractory promise
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UNITECR: Stricter controls over output and new resource tax to shape future
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Ratings agency slaps ‘negative’ rating on EU steel sector, cites macroeconomics
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RHI to supply 23,000 tonnes of steel refractories over three-year period
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India remains a significant driver for the refractories industry which increasingly attracts the attention of foreign investors. Among them, Imerys SA is the latest one to announce refractories developments in the buoyant region
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Indian continuous castings facility to supply Middle East and Europe steel markets
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French industrial group completes steel refractories line in Sao Paulo state
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China continues to drive world growth; EU, US and India output also up
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Chemicals group now selling chromite foundry sand direct to customers
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World Steel Association cautiously optimistic on economy as demand improves
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French industrial minerals group looks to expand Asian refractories footprint
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Chinese smelter demand could tighten non-metallurgical supply in coming years
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Krosaki targets September 2012 start-up for its new refractory taphole clay plant in India, a claylike refractory material used to fill a blast furnace taphole. Q1 profits drop
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Brazil’s Magnesita works on enhancing its position in the industrial market sector for refractories, such as the glass, lime, cement, ceramics, and petrochemicals markets. Graphite and M30 DBM projects under progress
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Damien Caby, vice president & general manager, Minerals for Refractories & Oilfields – Global, Imerys, discussed with IM new trends in the refractories industry and Imerys’ plans to increase refractories minerals prices by 5-8% from January 2012
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RHI AG appoints Franz Struzl as its new chief executive officer following Henning Jensen’s surprise resignation on 7 September 2011
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The Verref-Samancor refractory chromite JV is to have a new plant by early 2012
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US pioneer of iron oxide anti-veining agents broadens Prince’s business overseas
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Austrian group to invest €85m. in steel refractories site, on-stream Q3 2013
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Capacity to increase 16% in 2012, utilising US dolomite and Brazil magnesite
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Global refractories leader appoints new CEO as Jensen departs after just 7 months
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Japan’s earthquake impacts financial results;Tata Refractories renamed
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RHI AG posted its highest ever quarterly result as sales volumes of 503,194 tonnes generated revenues of $620m. in Q2 2011; Magnesita Refratarios Q2 hit by rising raw material costs and negative currency effects
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Output up in all major steel-producing regions as total reaches 127.5m. tonnes
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Indian refractories group reports increased sales in domestic and export markets
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The growing refractory markets of India and China, mainly driven by the booming steel sector, are continuing to prompt leading western refractory producers to establish and expand their presence in this region
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Consolidation in the global refractories industries is set to continue as companies outside China struggle to secure reliable supplies of raw materials, according to Brazil’s Magnesita Refratorios.
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Krosaki Harima Corp., Japan’s leading refractories producer, has acquired 51% of the outstanding shares in India’s top manufacturer Tata Refractories Ltd (TRL) from Tata Steel Ltd
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Brazil’s Magnesita Refratarios SA has secured a significant foothold in the European refractories market after the group signed a deal with German steel producer ThyssenKrupp
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Global demand for refractories is projected to rise 5.3% a year by 2014 to 40.7m. tpa. In value terms, demand will rise 7% annually through to 2014, reaching $33.1bn.
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