Higher steel production supports Vesuvius’ H1

By Davide Ghilotti
Published: Thursday, 27 July 2017

Rising steel output globally in the first half of 2017 supported Vesuvius’ sales to steelmakers, leading to higher profits and turnover, but rising raw material prices are a concern.

Refractories manufacturer Vesuvius Plc posted double-digit growth in revenue and profit in the first half of the year, supported by improvement in steel markets and by the effect of a deep cost savings programme.

Revenues at Vesuvius rose 24% in H1 to £831.5m ($1.085bn), while profit surged over 60% to...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.