A graphite-containing refractory has higher bending strength and fracture energy than known refractories. The graphite-containing refractory has a graphite content of 1% to 80% by mass. 1000 to 300000 carbon fibers with a fiber diameter of 1 to 45 μm/fiber are bundled. The carbon fiber bundle has a length of 100 mm or more and is placed within the graphite-containing refractory to form the same.

A castable refractory composition may include from 5% to 95% by weight of alumina, aluminosilicate, or mixtures thereof; from 0.5% to 1.5% by weight alkaline earth metal oxide and/or hydroxide, and 0.1% to 5% by weight of silica having a surface area of at least about 10 m.sup.2/g. The refractory composition may include no more than 0.5% by weight of cementitious binder. The refractory composition may release less than 25 cm.sup.3 of hydrogen gas per kilogram of castable refractory composition upon addition of water. The refractory compositions may set on addition of water.