Revenue, profits grow for RHI in Q1

By Davide Ghilotti
Published: Thursday, 11 May 2017

Higher sales in both steel and industrial divisions led to growth in RHI's revenues and profits. Control clearance is now in the works in Brazil and Europe as part of the merger process with Magnesita.

Austrian-headquartered refractories producer RHI Group posted encouraging results in the first quarter of the year, supported by higher sales in both its industrial and steel divisions.

RHI’s total sales volumes increased almost 5% against Q1 2016 to a total 483,000 tonnes.

Both main divisions – steel and industrial...

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