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2022-07-28

What are the difficulties encountered by the refractory industry and what is the development direction of the refractory industry?

The refractory industry will face three pressures: first, the operating pressure of oversupply and disorderly competition in the market caused by overcapacity, and the long-term decline in the price and operating quality of refractory products will be difficult to change in the short term; Second, the pressure of high financial cost and insufficient liquidity caused by insufficient self-owned funds of enterprises, difficult recovery of receivables and rising real interest rate of bank loans; Third, the environmental protection investment is in debt, and the environmental protection cost will increase day by day.

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