RHI Magnesita swings into profit despite higher raw material costs
Published: Wednesday, 27 March 2019
The refractory maker reports higher end-user demand outweighing raw material volatility.
Refractory maker RHI Magnesita reported a
sharp rise in revenues, thanks to increased sales volumes and
prices, even as its raw material costs rose.
RHI Magnesita reported a pre-tax profit of €246 million
in 2018, compared with a €5.9 million loss in 2017, with
rising revenues more than outpaced increased raw