RHI Magnesita declares H1 CY2023 results. Global CEO says H1 represented challenging conditions in all the geographies “with the exception of India” and calls India “the world’s fastest growing refractory market”. He has also provided important updates on the operational synergies promised during the recent acquisitions, and technology transfer from US / Europe to India.
hy-results-2023-26-jul-23.pdf (rhimagnesita.com)
Meanwhile, Vesuvius India – the other major refractory player in the country – has declared strong results yesterday with sales up 23 % and profit up 79 %.
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