China's Struggling Refractory Industry Faces Bleak Future as Demand Plummets and Prices Plunge
At a recent meeting of the Chinese Refractory Association, experts discussed challenges facing the magnesia industry. Upgrading technology for cleaner production is difficult for deadburned magnesia. Orders for magnesia products have plummeted by 50% amid decreasing industry demand. Prices for medium and high-grade magnesia are lower in the market than recommended, affecting the industry's revenue. Environmental improvements are limited until new technology can handle the high temperatures required for magnesia production.