Markets, Minerals, and Technology

By Harbison Walker
Published: Wednesday, 03 August 2016

The past decade has presented some interesting challenges for mineral-dependent industries like ceramics and refractories. Demand has varied substantially for all industries, and this has had a huge impact on the consumption of key minerals needed for steel production as well as of mineral-based products like refractories.

Wide fluctuation in mineral demand leads to wide swings in mineral indexes. This past decade has seen consolidation of mineral suppliers and more efforts by companies and governments to adjust available supply to demand. The advantage of consolidated supply is to enable the industry to adjust supply up or down...