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The impact of sino-US trade war on refractory industry


In the trade war between China and the United States, China termination of tax reductions in the United States is agricultural and sideline products. The US taxation areas in China are mostly high-tech products.

Subdivided, the impact of refractory materials is negligible.

And because China's main market for refractory materials and steel consumption is still the domestic market, foreign markets are mostly in Japan, South Korea, India, Vietnam, the European Union and some other countries. After the reform of the supply side, domestic steel companies have significantly increased their anti-risk capabilities. The trade sanctions imposed by the United States on the refractories industry and the steel industry have limited and controllable impacts, and their psychological impact is greater than the actual impact.

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