The Hindu Businessline reported that Indian refractory makers are worried that their margins will be squeezed further by the temporary closure of operations following the nationwide lockdown. Indian Refractory Makers Association Chairman Parmod Sagar told BusinessLine “Refractory and refractory raw materials supply chain should be brought under the Essential Services Maintenance Act 1981 and allowed to function uninterruptedly because they are essential inputs for thermally intensive industries such as iron and steel, thermal power plants, petrochemical plants, cement, non-ferrous metals and glass. We must continuously produce and service refractories because they are critical components in almost all products’ supply chains.”
Refractory products are vital in all high-temperature processes in the making of metals, cement, glass and ceramics. The steel industry, one of the biggest consumers of refractory products, accounts for nearly 60-70 per cent of the total production.
Source：STEELGURU
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