RHI Q1 2016 results
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...