Market Prospect Analysis Of Refractory Industry

China has become the world's largest production, consumption and export of refractory materials and refractory raw materials, and occupies an important position in the international refractory field. At present, the quality of the refractory industry has improved, but large but not strong, backward overcapacity and other contradictions still exist, the next step is still needed to accelerate the application of new refractory technology and new product development, improve the level of industry automation and intelligence, promote industrial restructuring, accelerate the pace of transformation and upgrading, and promote the high-quality development of the refractory industry.

Looking forward to the steel industry this year, it is expected that the steel industry production capacity double control situation will further continue, the industry to achieve the "carbon peak" is of great significance, the performance of the industry boom is more hope in the demand for real estate, and with the "three arrows", real estate players financing environment improvement inflection point confirmation, real estate demand is expected to recover this year.

The improvement of demand is on the one hand, on the other hand, the carbon reduction of the steel industry, such as ultra-low emission transformation, green technology transformation, etc., tracing upstream, will inevitably push the refractory players to green production transformation, which are complementary to each other.

JIYGO REFRACTORY & ABRASIVE LIMITED