From the perspective of suppliers, the current supply of magnesia refractories is tight, and manufacturers are facing greater cost pressure. Manufacturer of fused magnesia

First, the iron and steel enterprises are short of magnesia refractory stocks. According to the report of the steel enterprises, in view of the shortage of magnesia refractory resources and the rapid price rise, some steel enterprises have carried out targeted large-scale inventory replenishment in the early stage. Recently, the magnesia refractory inventory has been at a low level in recent two years. At present, under the condition that the purchase price of raw materials has increased significantly, the magnesia refractory manufacturers have basically guaranteed the production supply. Although the inventory is tight, it can still meet the current production needs of steel enterprises. Another iron and steel enterprise said that at present, the magnesia refractory manufacturers use the raw materials in the early inventory. With the reduction of raw material suppliers' inventory, the supply of magnesia refractory materials in the later period will not be optimistic.

Second, the cost pressure of magnesia refractory manufacturers is high. Due to the tight supply of raw materials and the sharp rise in prices, refractory manufacturers are facing greater cost pressure and are willing to do so.