Reasons For The Price Increase Of Refractory Castables

Refractory castables are an indispensable refractory material for high-temperature industrial kiln masonry. Its price affects the budget of the entire project. Usually, the price of each manufacturer is different. Usually, the price of refractory castables is not fixed. Some factors affect the price of refractory castables. So what factors are the reasons for the price increase of refractory castables?

1. Raw material cost

The raw materials of refractory castables generally include bauxite, magnesia, silica, etc. With the increase in the difficulty and cost of raw material mining in recent years and the continuous increase in the industry’s demand for high-quality and high-purity raw materials, the supply of raw materials is tight, which further leads to the price increase of refractory castables.

2. Impact of environmental protection policies

To cope with increasingly serious environmental problems, the state has strict requirements for the mining and production of refractory materials. Enterprises need to invest a lot of money to upgrade environmental protection equipment and control pollution in enterprises, which undoubtedly increases the production costs of enterprises. At the same time, there are strict restrictions on the mining of mineral resources, resulting in a decline in the mining volume of refractory materials and a reduction in supply, which have driven up the price of refractory castables.

3. Changes in market demand

With the rapid development and upgrading of high-temperature industries such as steel, cement, glass, and metallurgy, the performance and quality requirements of high-temperature kilns for refractory materials have also increased, which has led to an increase in the original investment in the research and development of refractory materials, and the price has also risen accordingly.

4. Transportation costs

The increase in transportation costs also affects the price of refractory castables. The price of transportation costs is generally affected by the increase in logistics, so the cost of refractory materials in transportation is also affected by transportation costs. It is sometimes high and sometimes low.

The reason for the price increase of refractory castables is caused by many factors, among which the changes in raw material costs and construction requirements are what we should pay close attention to. When purchasing, we must reasonably plan the purchasing time to ensure that we can effectively control costs.