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The development of refractory industry is on the rise

In recent years, the development situation and trend of the refractory industry have changed fundamentally, and the enterprises are facing greater competitive pressure. The refractory industry has changed from extensive development driven by scale growth to high-quality development driven by innovation and efficiency, and the competition among refractory enterprises will change from incremental game to stock game. The year 2021 is the first year of the 14th Five-Year Plan and the 100th anniversary of the founding of the CPC, the stable economic operation provides a good macro environment for the development of refractory industry. China Refractory Industry Association predicts that the total production and consumption level of refractories will remain high in 2021, basically the same as that in 2020.
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