Magnesia latest news

  • March 2015

    Chinese refractories output falls for first time in ten years

    30 March 2015

    2014 saw the first drop in China’s refractory production since 2004 as domestic demand from the steel, cement and glass sectors continues to weaken in the wake of slowing GDP growth. Exports jumped last year, meanwhile, as suppliers sought international buyers for surplus production.

  • World steel output broadly flat in February

    23 March 2015

    Peak steel in China is now being spoken of by many as a past event. Figures by worldsteel and continued projections from mining giant BHP Billiton may serve to lighten the gloomy atmosphere.

  • Magnesita 2014 results triumph over flat steel production

    17 March 2015

    Magnesita overcame headwinds in the steel market to deliver robust 2014 earnings, half of which came from new growth markets. The company is looking to the stainless steel and mini mills end market in North America for its 2015 growth.

  • Orbite presses ahead with patents; installs HPA refractory system

    17 March 2015

    Orbite has been active in getting its red mud technology patented, with notices of allowance now received for both Canada and the United States.

  • K+S potash price recovery sustains results

    12 March 2015

    K+S claims that potash price recovery will spill into 2015, despite demand for the product being forecast down. The agrichem producer's cost and operational efficiencies are up to scratch, protecting against any downside.

  • ICL and workers return to negotiating table

    03 March 2015

    Talks have recommenced with the Israel Chemicals Ltd business and its workers over planned cost cutting layoffs.The strikes affected ICL's full year results prompting the company to announce plans to collaborate with its employees on cost-cutting efforts.