FOCUS: Why is Chinese steel output growth failing to support sluggish refractories demand?
By Carrie Shi, Huaqing Fu
Published: Thursday, 17 October 2019
Increasing output from China’s domestic steel industry has not brought strong demand for refractory materials, with prices under mounting pressure.
By Carrie Shi, Sybil Pan and Huaqing Fu
China is a major production hub for refractory products,
accounting for around 64% of global total output. The main end
sectors for refractories are the steel, construction materials
(mainly cement and glass) and non-ferrous metals industries.
Among these, demand from the steel...