Australian refractory market hit by steel slump
Published: Thursday, 03 November 2011
UNITECR: BlueScope NSW furnace closure sinks refractories market by up to 15%
The Australian steel industry is having a rough ride at
present, with both its steel producers impacted by the strong
Australian dollar and declining demand, forcing one of the
companies to cut costs by plant closures.
The most significant hit for the countrys refractories
industry is BlueScope Steels decision...