High refractories sales for Magnesita in Jan-Sep
By Davide Ghilotti
Published: Tuesday, 14 November 2017
The company posted a high net loss related to the divestment of the carbon bricks operation in Germany, but business was otherwise strong in both refractories and minerals sales.
Brazilian refractory maker Magnesita Refratarios SA posted
double-digit growth in revenues in the nine months to
September, on the back of high demand from recovering steel
markets.
The company, which has merged with Austria’s
RHI group, has now formed RHI Magnesita and is listed on the
LSE. RHI Magnesita released...