AT A GLANCE: RHI Magnesita's Q4 price increase driven by energy and logistics costs
Published: Tuesday, 19 October 2021
United Kingdom-listed global refractory producer RHI Magnesita announced a "significant" price increase for the fourth quarter of 2021, driven by increased logistics and energy costs, with China’s power shortages likely to add pressure, it said in a third quarter trading update released on Tuesday October 19.
Power shortages in China in the fourth quarter could
increase the cost of externally purchased magnesite-based raw
materials, impact their availability and affect production at
China’s sites. In China, the company operates four
industrial sites in Liaoning province, the center of
magnesia production.RHI Magnesita...