Henan province in central China has launched a new round or ouput cuts for the refreactories and steel industries to run fron November, 15, 2018, to March 15, 2019.
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Oct 21
India refractory maker acquires German GSB Group
Dalmia-OCL hails an increase in its clean refractory capacity after buying German GSB group. Indian refractory producer Dalmia-OCL has expanded into Europe with the purchase of Germany specialty refractory manufacturer GSB Group GmbH, increasing its stake in the clean refractories market. The transaction was valued at €15 million ($17 million), Fastmarkets IM has learned. According …
Oct 14
China’s magnesia: A year of restrictions and consolidation
Magnesia prices out of China have surged in 2018 following severe environmental restrictions. Carrie Shi, Fastmarkets IM market reporter, looks over the year of shutdowns and the effect on prices.
Oct 07
EU steel consumption to slow in 2019, imports to remain a threat, Eurofer says
Slowing EU steel demand, global overcapacity and weaker worldwide demand could become a major threat to European steel market stability. The growth in apparent steel consumption in the EU will slow to only 0.5% in 2019, followed by a 1.2% rise in 2020, European steel association Eurofer said on Thursday January 31. Europe’s apparent steel …
Sep 30
The New World of China’s Mineral Supply
China’s mineral supply squeeze continues to challenge refractory producers. A range of factors arising in 2017 and spilling into 2018 significantly compounded the shortage of key refractory (and other) mineral exports from China vital to the world’s refractory manufacturing sector.
