23
Nov
20:49
RHI Magnesita acquires Indian refractory business
RHI Magnesita has acquired the Indian refractory business of Dalmia Bharat Refractories Limited (DBRL).
“The acquisition will significantly increase RHI Magnesita’s presence in the fast-growing Indian refractory market, with forecast steel production growth in India of 12% in 2022 and a 7-8% compound annual growth rate until 2030,” RHI says in a note seen by Kallanish. “Through the consolidation of DBRL’s production into RHI Magnesita…
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Anonymous
Very good overview of the weekly steel market.
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