2012 Annual Report on Magnesia Market
2013-10-08 14:35:19 【Print】
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Global market was full of complexity and uncertainty in 2012
This report makes a deep analysis of the current situation of domestic and overseas magnesia market and gives the future trend of magnesia market in 2013.
. European debt crisis kept worsening this year, and economic growth slowed down all over the world at the same time . Steel industry was excess production capacity and steel products prices remained at a low level which continued influencing global refractory market . In China, domestic economy was on the way to find the balance point as well, and economy also faced more pressure . During 2012, the total output for refractory products was 28,189,100t, reduced by 4 . 43%YOY . Influenced by these, magnesia market kept suffering lots of trials and hardships in 2012 with fewer orders and low concluded prices . Meanwhile, magnesia export prices didn’t get rid of the embarrassed situation with dramatically increase at the beginning of 2012 and decrease sharply at the year-end.This report makes a deep analysis of the current situation of domestic and overseas magnesia market and gives the future trend of magnesia market in 2013.