Steel debt load weighs on refractory industryThis comes on top of an average 40 per cent hike in cost of raw material in last nine months almost half of which is imported from China.
China’s crackdown on polluting factories hits India’s imports of refractory materialPollution control measures in China have intensified since the beginning of May, with Beijing shutting down most bauxite mines in Shanxi an...
- Golcha joins race to buy Luzenac
A surprise bidder from India-Jaipur-based Golcha Group-has recently entered the fray to acquire Luzenac, the world’s largest talc player, a...
- Tata Steel to sell stake in Tata Refractories
Tata Steel is scouting for a strategic partner to sell stake in it’s subsidiary Tata Refractories, sources said. Tata Steel has appointed E...
- ICICI Venture sells Ace Refractories to Imerys
ICICI Venture sells its 99 pc stake in Ace Refractories to French industrial minerals firm Imerys for Rs 550 crore.