On March 2013, MIIT issued an announcement, promoting development of the refractory industry. This announcement will enhance the industrial concentration. From then on, some listed companies announced M&A plan one after another. According to the news, some listed companies responded positively to the M&A. It is a chance for the steel enterprises and refractory companies.
According to the data, many companies have carried out this plan.
We hope that the M&A plan would promote the development of refractory industry.
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