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REFRACTORY MAKERS
RHI Magnesita India aims to garner 40% refractories market share in four years backed by acquisitions, fresh capexIn an interview with PTI, Parmod Sagar, MD & CEO of RHI Magnesita India, said, "the steel sector is in a bullish phase, and steel majors ex...- Hi-Tech’s acquisition bodes well for RHI Magnesita over the long termRHIM, the country’s largest refractory player, will acquire Hi-Tech’s refractory business for a cash consideration of Rs 621 crore. Refract...
- Imerys invests ₹350 cr for 30k tonne plant in Andhra PradeshImerys, a producer of industrial minerals has invested ₹350 crore in India to set up a 30,000-tonne calcium aluminate plant, an important r...
- India’s refractory companies look for new sources to reduce dependence on ChinaKey refractory companies have already held conversations with leading metal and steel makers like Tata Steel, JSW Steel and Steel Authority...
- SAIL to increase usage of domestically produced refractory productsRefractories are essential materials used by the steel industry in the internal linings of blast furnaces and converters used for steel mak...
- RHI hopes to soon get a nod to merge India armsAfter the merger, its three arms — Orient Refractories, RHI Clasil and RHI India — will become a single entity, RHI Magnesita India.
- Budget 2019: Indian Refractory Makers Association urges government for a complete removal of import dutyThe proposed move will be in sync with the Government’s Make in India plans and also help create a large number of jobs to the skilled and ...
- Dalmia OCL acquires GSB Group GmbH, its first overseas buyThe takeover will give Dalmia-OCL access to customers in the heart of steel and refractory making belt in Europe.
- Synergy between steel, refractory industry need of the hour: IRMAThe refractory sector is largely dependent on China for raw-material procurement, much like the steel industry that imports around 40 per c...
- IIT-BHU IRMA Centre of Excellence in Refractories at the Indian Institute of Technology signs a MoUThis is a critical move at a time when passage of two important policies by the steel ministry -- National Steel Policy 2017 .
- Refractory makers for partnership between stakeholdersDomestic refractory makers also recognised the importance of localisation which has helped them offer their best services and not just prod...
- Budget 2018: Steel industry unhappy over no reduction in customs duty on raw materialIndustry executives said they were hoping for reduction in duty structure to reduce raw material cost which would have benefitted the indus...
- Budget 2018: Refractory industry hopes changes in the duty structureSteel, power, and cement companies are primary consumers of refractories that are used to line kilns and furnaces.
- Indian Refractory Makers Association to set up Centre of Excellence in Refractories at IIT-BHUThe Centre of Excellence will play a decisive role in addressing the industry's key concerns, namely identification and sourcing of raw mat...
- 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...
- Bokaro Steel Plant not to go for big investments: CEO of BSP Anutosh MaitraRegarding the second phase, Maitra said that efforts were on to consolidate the gains and make corrections for the past mistakes.
- Japanese keen to invest in Odisha's steel sectorJapanese steel makers are keen to invest in Odisha, but would wait till Posco's proposed 12mtpa steel project takes off near Paradip.
- Tata Steel sells 51 pc stake in TRL to Nippon Steel associateTata Steel said it has offloaded 51% stake in Tata Refractories to Nippon Steel's associate Krosaki Harima Corporation and inducted the Jap...
- IFGL Refractories acquires German co.Maker of specialised refractories IFGL Refractories announced acquisition of Hofmann Group of Companies through a SPV named IFGL GmbH.
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