RHI refractories full year profits soar 76%

By Jack Elliott
Published: Thursday, 10 March 2011

Austrian group’s 2010 profits fuelled by global recovery in steel industry

Leading global refractories group RHI AG reported a 76% growth in operating income in 2010, driven by a global recovery in demand from the steel industry.

The Austra-based company reported an operating income of €138.8m. ($191.9m), while sales rose 23% to €1.52bn, up from €1.23bn in 2009.

By volume, RHI...

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