Refractory clays stuck in the mud
By Alex Feytis
Published: Monday, 21 September 2009
The refractory clay industry, still suffering the effects of the economic downturn, is starting to show cautious optimism for recovery
by Alexandra Feytis, Assistant Editor
Four years ago, the refractory clay market was robust owing
to the strong performance of the steel market. But during the
third quarter of 2008, the industry saw a dramatic U-turn when
the market started to crash. Steel production, a good indicator
of refractories demand, declined worldwide, dropping 51%
in...