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CEO tells IM opportunities are to be found away from traditional business models
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In a rare positive assessment of the world’s industrial climate, manufacturers have agreed that things can only get better for steel refractories.
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Swedish firm to boost refractory recycling capacity with UK reclamation facility
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Decreases for major producers across the board excluding China’s 6.8% jump
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Manufacturers use Q1 statements to posit growth forecasts as slump lifts
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Quality improvements in China offset by weak Europe and North American markets
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Nedmag managing director says supply demand equilibrium in 2015
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Refractories producer anticipates flat revenues for full-year 2013
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New raw materials projects being investigated which are not in current portfolio
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Slackening steel blamed; $40m payout for Chapter 11 proceedings
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Austrian company cements Indian market position for €50m
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US firm remains “concerned” about Europe and worldwide steel prospects
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Dalian Mayerton Refractories Co Ltd acquisition will be completed in Q3 2013
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China and India produce more steel while Europe still struggles
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Russia’s Magnezit Group has patented a new method of producing a magnesia conditioning agent, designed to reduce corrosion by slag on refractory linings
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Global steel use expected to increase by 2.9% during 2013, says worldsteel
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New process for conditioning slag can enhance metallurgy process, say company
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Brazilian refractories manufacturer Magnesita Refratarios SA reported a fall in revenue in its industrial minerals sector due to lower sales of magnesite sinter, as it held back materials in the last quarter of 2012 because of lower prices.
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Declines across other major economies including US, Russia and Europe
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Weaker end markets for steel and foundry affect company results in 2012
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Annual results show higher industrial minerals sales, but lower revenues
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Switch from coal to hydro energy will enable alumina and bauxite expansions
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Fused magnesia plant on track to be online later this month; production evaluation
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Profits under pressure in all segments; Sales volumes down in Russia and India
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China, Germany, UK record growth, but US, Japan output falls
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South African zircon problems and weak demand for refractories cause slump
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US firm reports records earnings for 2012 but refractories income stays flat
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Technical defect leads to crucible spill over; plant to reopen during February
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While some companies laid low during the quiet December period and into the new year, two refractories companies were busy making plans to expand their growth in new markets.
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South America and Europe experience biggest falls as recession tightens its grip
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Agreement follows talks in May; open offer available to shareholders
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Empire to boost Thorpe’s lime, cement, pulp and steel dust recycling capabilities
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Lafarge and Elementia boost cement output with joint-venture agreement
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Refractories and magnesia producer continues consolidation campaign
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Silica bricks from China could face new anti-dumping regulations after the US launched an investigation into the amount and value of silica brick imports entering the country.
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Austerity trends to influence product demand; US steel to bounce back soon
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Demerger comes into effect; company “well positioned” says CEO
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Cookson Group Plc will be splitting into two separate companies, demerging its engineering ceramics (refractories) division from its performance materials (chemicals) unit.
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The global market for refractories is set to reach $40.4bn in revenues by 2018, according to a new report released in October.
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Brazilian refractories producer Magnesita Refratarios SA has posted record earnings for the second quarter of 2012, despite a continuing decline in activity from its biggest customer segment, the steel industry.
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Austrian refractories producer RHI AG reported a minor drop in net profits for the second quarter of 2012, despite seeing revenue growth in both its steel and industrial divisions as well as an increase in margins.
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