Vesuvius raises refractory material prices amid semiconductor shortage, high raw material costs
Published: Thursday, 11 November 2021
Refractory materials manufacturer Vesuvius has increased prices, pointing to the semiconductor shortage and high raw material costs as "major uncertainties" affecting the business.
"Raw material cost increases and the timing of the
semiconductor shortage are the two major uncertainties at this
stage," Patrick André, chief executive officer of United
Kingdom-based Vesuvius, said in a conference call regarding a
trading update on Thursday November 11.
The company did not specify the value of...