The association of refractory producers in the city of Yingkou has called on local companies to adjust their prices on the back of market tightness and production shutdowns.
The Refractory Industry Association of Yingkou, in China's Liaoning province, is recommending an increase in sale prices of magnesium-based refractory products due to rising production costs.
The local industry is facing a number of contingencies, the association stated, citing domestic magnesia prices - especially fused magnesia (FM) - increasing since May, coupled with reduced material availability.
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