Refractories bear the brunt of shift in consumption patterns
Published: Wednesday, 08 April 2015
Changing preferences towards more sophisticated refractories and falling end market demand, particularly in the steel sector, have stalled the refractories boom, with production figures from the world’s largest producer falling
The growing emphasis on value-added
production and the need for more sophisticated refractories is
mainly being influenced by a shift in global consumption
markets, which is likely to put a daunting task ahead of the
manufacturers in China.
Changing consumption patterns...