Turkey includes domestic refractory material development in new economic development plan

refractory material development News The Turkish government has promised to support the development of the country’s refractory industry as part of its 11th five-year development plan, which was submitted to the Turkish Parliament on July 9, 2019 and approved by President Erdogan. According to this development plan covering 2019-2023, the Turkish government has listed R…

British steel giant Gupta family alliance acquires two Indian steel mills and enters Indian market

British steel giant Gupta family alliance acquires two Indian steel mills and enters Indian market According to foreign media reports. The British metal tycoon (Sanjeev Gupta) ‘s GFG Alliance has spent $ 60 million. Meanwhile to acquire two bankrupt steel companies in India. GFGAlliance said in a statement on Tuesday, The group has completed acquisitions…

Development characteristics of the global refractory industry

The development of the global refractory industry has the following characteristics: Through mergers and acquisitions, reorganization, and elimination of backwardness, the concentration of refractory industrial production has been increased. Merges, mergers, reorganizations, and natural elimination in the operation of the market economy since the 1990s in developed countries have increased the concentration of production, such…