RHI Q1 2016 results

By Siobhan Lismore-Scott
Published: Friday, 13 May 2016

RHI Q1 results show that the group has moved to optimise its operations. It is buying cheap magnesia on the Chinese market and using its own, higher-quality product for its own steel output. The results also highlight the falling prices in refractory raw materials an the impact of a sluggish steel market.

In the company's raw materials division: The slower economic growth in the emerging markets, combined with weaker industrial production, led to a decline in the price level of important refractory raw materials such as sintered and fused magnesia, bauxite, andalusite and fused corundum in the year 2015 and also in the...

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