Chinese magnesia and refractories: : The new normal

• Autores: Industrial Minerals
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 586, 2016 (Ejemplar dedicado a: Septiembre)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • China is the dominant global producer of magnesite, magnesia and refractories. In 2015 China was the leading producer of magnesia (caustic calcined magnesia (CCM), dead burned magnesia (DBM) and fused magnesia (FM)) with a production of 8.79m tonnes. The rest of the world (ROW) had an output of 4.53m tonnes, meaning China held a 66% share of the total global production of 13.32m tonnes.

    Chinese production of magnesia from magnesite in 2015 was 8.79m tonnes with a split of CCM: 3.94m tonnes; DBM: (3 grades: middle grade and high purity) 3.52m tonnes; and FM: 1.33m tonnes shown in Table 2 and Figure 4.

    This capacity reduction and industry consolidation together with increasing environmental regulations and increasing or ongoing trade barriers to steel and refractory exports give a potential scenario for the Chinese steel and refractory industry to 2030 as follows:At present, China has over 300m tonnes of excess steel production capacity and this is forecast to grow as domestic demand decreases to about 650m tonnes or possibly lower by 2021 from its 2015 level of 705m tonnes. The Chinese government has a policy of reducing excess capacity by up to 150m tonnes and to consolidate production such that over 60% of the domestic market is supplied by the top 10 producers.