Refractories momentum supports RHI Magnesita’s earnings

By Davide Ghilotti
Published: Wednesday, 22 August 2018

The refractories maker posted rises in sales and volumes to both industrial and steel end markets, and is investing in raw material assets and optimization of production lines.

Refractories producer RHI Magnesita’s strong first-half results confirm the positive momentum the sector is experiencing, after the company boosted its top line and successfully offset higher raw material input costs.

The group's revenues in the period rose 24.6% to €1.5 billion ($1.73 billion), which it ascribed to sales volumes...

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