‘Hand-to-mouth’ raw material sourcing will be norm in 2020, sellers warn

By Davide Ghilotti
Published: Friday, 01 November 2019

Purchasing of refractory raw materials is expected to remain ‘hand to mouth’ into 2020, suppliers attending this week’s UNITECR 2019 refractories conference in Yokohama, Japan, warned.

  • Further weakness expected
  • Inventory levels kept low
  • "Hand to mouth" purchasing

Owing to bearish macroeconomic conditions affecting the main markets - including Europe, parts of Asia and China - refractories producers expect to see further weakness in the performance of their end markets, whether in steelmaking or industrial.

Sourcing for raw materials will adapt...

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