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The income of large foreign refractory companies generally declined in 2019
Source: | Author:changxing | Publish time: 548 days ago | 848 Views | Share:
The income of large foreign refractory companies generally declined in 2019
According to the financial report data released by various companies and related surveys, among the global refractory companies in 2019, RHI Mganesita Group still occupies the chief position of the global refractory company sales list with an absolute advantage of 22.825 billion CNY, followed by Vesuvius with 15.781 billion CNY. The sales revenue of another five companies including Saint-Gobain, Morgan, Iris, Posco Refractory, and Krosaki in 2019 will not be much different, basically in the range of 9-10 billion yuan; Shinagawa White Refinery Ranked eighth with less than 8 billion CNY. The sales revenue of Russian Magnesium and Refra Group accounted for the last two seats of the top ten refractory materials in the world at the level of RMB 5-6 billion. In addition, North Korea Refractory and US HWI ranked 11th and 12th respectively with a slight gap. It is worth noting that most of the major refractory companies' sales revenue in 2019 has declined compared with 2018. In addition to the reasons for the different circumstances of each company, the shrinking downstream demand of the global refractory industry in 2019 has become a common factor.