The Necessity of Accelerating Technological Innovation in China's Refractory Industry
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Author:haoyangnaihuo
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Published time: 2018-03-27
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Refractory bond market competition risk can be subdivided into market, price risk, and business risk. The first demand risk, demand is the key factor affecting the sales of binders for refractories, the size of the demand is relative to the supply, the supply increases, the demand decreases, the sales will encounter difficulties; the second is the price risk, refractory The high price of binder products for materials will result in high yield per unit area, but excessively high selling prices will seriously affect sales. The third is operating risk, which refers to the expected benefits due to the poor management of the developer's development of refractory binder projects. It cannot be achieved or is insufficient to compensate for the possibility of operating expenses. This type of risk is mainly attributed to the developer's subjective miscalculation and decision-making errors in development costs, rental prices, development cycles, and fundraising.
Under the strong driving force of high-speed industrial development such as steel, non-ferrous metals, petrochemicals, and building materials, the refractory industry has maintained a good momentum of growth and has become the world's largest producer and exporter of refractories.
First, market competition risk analysis
Refractory bond market competition risk can be subdivided into market, price risk, and business risk. The first demand risk, demand is the key factor affecting the sales of binders for refractories, the size of demand is relative to the supply, the supply increases, the demand decreases, the sales will encounter difficulties; the second is the price risk, refractory The high price of binder products for materials will result in high yield per unit area, but excessively high selling prices will seriously affect sales. The third is operating risk, which refers to the expected benefits due to the poor management and management of developers for the development of refractory binder projects. It cannot be achieved or is insufficient to compensate for the possibility of operating expenses. This type of risk is mainly attributed to the developer's subjective miscalculation and decision-making errors in development costs, rental prices, development cycles, and fund raising.
Second, the technical level of risk analysis
China's refractories binder industry has insufficient scientific research and technical support. Although the current technological level cannot meet the current production needs of enterprises, the industry is slow to update, lagging behind foreign developed countries.
Third, the analysis of corporate competition risks
At present, there are two aspects in the competition of enterprises using binders for refractory materials in China. One is the competition of domestic companies, and the other is the competition in the international arena. In the current economic situation, the development prospects of large-scale enterprises are good, and SMEs face the risk of being acquired or merged.
At present, manufacturers of binders for refractory materials must win in the market competition and must not be eliminated. They must do everything possible to increase their technological level and reduce production costs.
IV. Analysis of Export Risks of Enterprises
In the international market, the biggest disadvantage is the disorder of domestic enterprises' competition and their own suppression. Competingly lowering the price has made the profit from the export of thin refractories binders thin again. Most of the binders used for refractory materials exported from China are low-end products, and the competition means are also single, which is to fight prices. In addition to solving some employment problems, there is no obvious advantage. Our enterprise's ability to develop and dig up are far behind.
