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01 Mar
17:01

RHI Magnesita foresees lower steel demand impacting business

Refractories supplier RHI Magnesita anticipates a decline in demand for steel and other materials, which also means lower demand for high-grade refractory products that are critical for high-temperature processes exceeding 1,200°C. The company says it expects a decline in construction activity will affect steel, cement, lime, non-ferrous metals and glass demand globally. Hence, RHI Magnesita anticipates lower sales volumes for its products in 2023.   Howe…
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