Home » Markets & News » Company News » IREFCON 2020: The 13th India International Refractories Congress

IREFCON 2020: The 13th India International Refractories Congress

Various industry estimates peg the refractory market in India to leap to up to 4 Mt in the next 10 years. For instance, Indian steel manufacturing alone has set itself a target of 300 Mt by 2030. Considering 75 % of refractory consumption in India is accounted for by steel, adding cement, glass and manufacturing of other non-ferrous metals to the mix suddenly makes the prospect of a 4-Mt-refractory-market look very real and reasonable.
In recent times, Indian customers have relied heavily on imports as Indian refractory businesses have been unable to fully satiate their demand, not only in terms of volume but also technology that improves life and performance of refractories. A major cause for supply side constraints is raw material availability. And then there’s government policy.
Clearly, despite all challenges, the oppor­tun­ity is real. The aim is to discuss challenges and opportunities vis-a-vis: raw materials, domestic production capacity, technology and processes, policy, customers and talent. www.irefcon.com

Related Supplier

Profiles to follow