This paper introduces the developing tendency of refractories for iron and steel industry combined with the new metallurgical techniques applied in iron and steel industry in China. Refractories for blast furnace long service life, smelting reduction iron-making process, secondary refining metallurgies and clean steel making, near net shape continuous casting are described respectively. To meet the requirement of iron and steel industry, the high quality, multi-functions and environment-friendly refractories with long service life will be focused and developed in the future. In addition, high grade refractories in China have great developing space and potential market.