Refractory industry summary and data analysis Production continues to fall, chiefly because refractory infrastructure demand has decreased quickly - for example, investment (including mines) from the companies in the steel association plummeted 31.41% y-o-y in 2016. China's refractory customers show strength in 2016 Output in the crude steel, cement, flat glass and nonferrous metals sectors all increased y-o-y, by 1.2%, 2.5%, 5.8% and 2.5% respectively. According to the World Steel Association, global crude steel output (66 countries and areas) was 1.6bn tonnes in 2016, up 0.7%. Copper production was 8.44m tonnes, up 6% y-o-y by volume; electrolytic aluminium production was 31.87m tonnes, up 1.3% y-o-y by volume; lead production was 4.67m tonnes, up 5.7% y-o-y by volume (after falling 5.3% y-o-y by volume in 2015); zinc production was 6.27m tonnes, up 2% y-o-y by volume; alumina production was 60.91m tonnes, up 3.4% y-o-y by volume. *Figures differ from official customs...
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