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 …
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Sep 02
Bauxite and Alumina
A round-up of the year’s main events in the global bauxite and alumina markets. The past 12 months were eventful for the global bauxite and alumina industries, characterised by supply shortages and en-market diversification.
Ago 26
Xinjiang back to operation, price stable in March
Mar. 28, 2019 – As weather is getting warmer in Xinjiang province, two main producers Xinrong Yilong Andalusite Co., Ltd. and Xinjiang Baoan New Energy Mineral Co. Ltd there have started production in the middle of Mar. Due to environmental inspection and increased cost, producers attempted to raise price with RMB 100-200/t lately. However, with …
Ago 20
Calcined Alumina contract pieces settle higher participants expect softening in H2
Calcined alumina prices for 2019 contracts have settled at higher levels than last year due to continued strong demand from the refractories sector, although participants report market tightness is expected to ease.
Ago 12
China’s finished steel exports rise in January
Finished steel shipments in January are higher both annually and since December. Chinese finished steel exports increased in January on both a yearly and month on month basis with buyers able to secure favorable deals due to lower prices in China’s domestic market. The country shipped 6.19 million tonnes of finished steel out of the …
