IFGL benefits from steel rebound

By Myles McCormick
Published: Monday, 14 November 2016

An slight increase in the world steel capacity utilisation rate in September and a drop off in Chinese exports boosted the Indian refractory maker’s bottom line.

Indian refractory manufacturer IFGL Refractories Ltd cited stronger performance in the steel industry as its profits rose by over 200% year-on-year (y-o-y) in the September quarter.

Reporting its results for the second quarter of the Indian 2016-17 financial year, IFGL said a drop off in Chinese steel production and exports, which fell...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.