Graphite explorer Cavan Ventures Inc. was one of the first to detail this move, announcing in March that it will "aggressively pursue, source and evaluate" new potential projects in the medical marijuana sector.
"The first quarter of this year is the most difficult quarter for [the] Chinese steel industry since the new millennium. We have already felt a deep coldness," Zhang Changfu, secretary general of China Iron & Steel Association (CISA), told local reporters.
As those involved in the industry know, the main suppliers of basic refractories are increasingly large DBM producers themselves, namely RHI, Magnezit, JSC Magnesita SA, Slovenske Magnezitove Zavody (SMZ) and Kumas, as well as many smaller Chinese DBM producers. The same is true - albeit on a smaller scale - in the monolithics industry.
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