Chinese refractories output falls for first time in ten years
By Albert Li
Published: Monday, 30 March 2015
2014 saw the first drop in China’s refractory production since 2004 as domestic demand from the steel, cement and glass sectors continues to weaken in the wake of slowing GDP growth. Exports jumped last year, meanwhile, as suppliers sought international buyers for surplus production.
Refractories
output in China slipped for the first time in a decade last
year as the country’s economic growth slowed to a
rate of 7.4% – the lowest increase in GDP since
1990.
This conclusion is based on analysis by the China Refractory
Association, which held its annual meeting in Yixing,...