RHI Magnesita posts higher revenues following price increases
Published: Tuesday, 08 May 2018
Strong demand for refractories from both steelmaking and industrial customers supported business in the first quarter and helped offset higher prices in mineral raw materials.
Refractories producer RHI Magnesita offset the increase in
raw material costs through price increases in its manufactured
products, achieving a double-digit increase in earnings in the
first quarter of the year, the company said in its latest
Revenues for the three months to March 2018 rose to