Latest Breaking News On - Refractories market - Page 4 : comparemela.com

Share this article Share this article NEW YORK, March 3, 2021 /PRNewswire/ Recessionary pressures in steel industry in 2019 and sudden deceleration in 2020 will weigh down refractories activity in 2021, however, firm construction sector recovery will limit downward trend finds the new edition of Refractories Market Study by consulting firm Fact.MR. The new edition of the study recalibrates previous estimates for COVID-19 impact, in tune with broader developments in end-use industries. The downward trend in refractories mimics the developments in macro-industries. World ex-China BF output was down 13% in 9m-20, whereas EU, US, Japan down about 20%. India BF output was down 14%, with Korea and CIS down 6% and 2% y-o-y according to data from World Steel Association.

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