Industrial Project Deferrals Impacting RHI Magnesita
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Source: Investing.com South Africa
RHI Magnesita, a global supplier of refractory products, experienced a significant decline in first-half profits and lowered its full-year guidance due to deferrals in industrial projects and pricing pressures. The decline in demand was particularly notable in Glass and Non-ferrous metals projects, with revenues falling by 40% and 22% respectively. The company also implemented plant closures in Ge
- Status
- Under Construction
- Sector
- Manufacturing (Industrial)
- Updated
- 22 Jul 2026
- Source
- Investing.com South Africa
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Project Information
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Status
Original status | ongoing with challenges |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
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Description
Description | RHI Magnesita, a global supplier of refractory products, experienced a significant decline in first-half profits and lowered its full-year guidance due to deferrals in industrial projects and pricing pressures. The decline in demand was particularly notable in Glass and Non-ferrous metals projects, with revenues falling by 40% and 22% respectively. The company also implemented plant closures in Germany to address structural overcapacity and reduced its capital expenditure guidance for 2025 from €145 million to €130 million. |
Original sector | Industrial |
Budget |
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| Not available for this record. |
Source
Source | Investing.com South Africa |
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More Details
Record type | Project |
Sector | Manufacturing (Industrial) |
Article published date | 2025-09-16 |
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