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Indian Trade Organization Calls For A Cessation Of Tariffs On Imported Alumina And Other Refractory Materials

- Nov 19, 2018 -

A refractory trade organization in India called on the Indian government to reduce import tariffs on raw materials needed to produce refractory materials, including magnesium and alumina, on the grounds that the import of such materials is costly and relatively scarce at home.

 

The Indian Refractory Manufacturers Association (IRMA) told domestic media late last week that the Indian government's new target of 300 million tons of steel production by 2030 means that in the future, continued access to alumina and other refractory materials will become even more important.


IRMA supporter Sameer Nagpal explains, “Refractory materials are one of the key equipment for steelmaking. Not only steel, but also refractory materials are used by glass manufacturers, aluminum, cement manufacturers, etc.”

But the supply of raw materials for one of the key equipment is still a problem. He also said that importing such materials from China will push up input costs. In addition to lowering import tariffs, Nagpal also recommended that the country continue its efforts to produce this material domestically by auctioning the mining rights of its mineral deposits.

 

He stressed, "We are working hard to produce refractory materials in India that meet global standards and have the potential to meet the needs of the steel and aluminum industries."

 

Recently, the Indian Center for Refractory Excellence and IIT-BHU's Advanced Steel Research Center have jointly developed advanced technologies to meet the needs of the domestic steel industry. The move will allow domestic refractory producers to catch up with global producers, and he expects this to help Indian refractory consumers get rid of dependence on overseas sources.

 

Nagpal concluded that Indian refractory producers have agreed with their idea that their industry must have a positive ecosystem to produce enough quantities of refractory materials to meet domestic steel production targets.