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USA finds China and Mexico guilty of refractory brick dumping; duties imposed
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Vesuvius and Foseco improve towards end of 2009 on steel recovery and cost cutting
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Chinese steel output up 13.5%; Chinese refractory mineral exports down 58%
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Output increases 25.5% in January driven by the EU, North America and east Asia
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Australia’s CI Ceramics builds pilot plant for resin-bonded refractory monolithics
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Indian group recovers from loss in fiscal Q3 as steel markets start to rebound
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Trade group renamed BKRI to express wider role in the industrial minerals sector
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Following its announcement to raise INR12,000m.($260m.) by equity sale, cement, magnesia, and refractories producer Dalmia Cement (Bharat) Ltd saw its shares slip almost 7% to INR203.45($4.41) on 19 January 2010
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Leading refractories producer RHI AG has won a contract worth €4.5m. ($6.4m.) to supply refractory systems for Siemens VAI Metals Technologies GmbH & Co. at two of its steel mill construction projects in India and Russia
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Global steel shows recovery from downturn but production fell 8% in 2009
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RHI to supply refractory systems worth €4.5m. for Indian and Russian steel mills
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New 3.4m. tpa Russian steel furnace to consume 25,000 tonnes of refractories
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Loss-making UK kiln furniture business completes management buyout
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AP Green restarts Fulton refractory brick plant after surge in steel and cement orders
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Asian market brightens as South Korean steel giant expands overseas during 2010
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China leads across the board recovery in crude steel production in November
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China’s refractory production and refractory mineral exports plummeted in 2009
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Austrian group appoints former Tyco board member Henning Jansen as group CFO
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Shinagawa and Krosaki incur H1 losses as steel demand recovers but future uncertain
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Bauxite producer increases wages by 4.5% for six months after negotiations with union
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Renewed refractories and bricks contracts with Shandong Iron & Steel worth $9m.
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Global market seen to cross 41m. tonnes in volume and a value of $26,000m. in 2010
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Chinese refractories producer renews three steel furnace contracts worth $7.3m.
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Robin Schmidt-Whitley, president of Fédération Européenne des Fabricants de Produits Réfractaires (PRE), in Brussels, Belgium, discussed with IM about the opportunities and challenges that the non-metallurgical refractories* industry faces
by Alexandra Feytis, Assistant Editor
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Global crude steel output rises year on year driven 42% increase in China
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Mid America awarded tax credits to convert Missouri plans to produce face bricks
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Vesuvius and Foseco units post lower sales in line with steel, foundry demand
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Austrian producer’s profits remain at low level; sees improvement towards year-end
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Signs of a steel comeback prompt TRL expansion, but it is too little too late for Belgium’s PD Refractories
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World steel output increases marginally in September driven by 25% EU rebound
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Upturn in economy encourages Indian refractories player to expand
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Indian producer builds new refractory units; targets double revenue in three years
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World Steel Association upgrades global steel demand forecast for 2009
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Preiss-Daimler Group’s St Ghislain plant to continue production until further notice
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Production rises 2.5% from July levels driven by China; down 5.5% year on year
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LWB Refractories, TYK, and ANH Refractories offers support to Resco in Chinese antidumping case
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Minteq restructures with consolidation in the USA, Europe, and Asia, while RHI and Cookson also take hits from demand downturn
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Expecting market pick-up in H2 2009, US monolithics leader adds furnace capacity and storage to expand precast refractories portfolio
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Refractory exports up almost 38% in 2008, while refractory raw material exports drop, but their value rockets
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Poor financial results and job losses show refractory producers are taking an economic beating of global proportions. But has the bottom now been reached and is a refractory recovery imminent?
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