Stock Value
About RHI Magnesita N.V.
RHI Magnesita N.V. engages in the production and sale of ceramic refractory products, which are used in high-temperature production processes.
Segments
The company operates in three segments: Steel; Industrial; and Raw Materials, Production, and Other.
The Steel Segment offers steel products in eastern Europe, western Europe, Africa, Near/the Middle East, South America, North America, and the Asia Pacific. It also produces isostatic products.
The Industrial Segment supplies to the cement, lime, glass, non-ferrous metals, environment, energy, and chemical sectors.
The Raw Materials, Production, and Other Segment covers the value added activities of its mining, raw material, and production operations, which are supplied primarily to the steel and industrial segments.
Customers
The company's major customer is ArcelorMittal.
Acquisitions
In July 2008, the company acquired 51% of the shares in Quintermina AG, Chur, Switzerland. The primary business activity of the acquired company covers trading in magnesium products and other minerals, as well as related raw materials.
Dispositions
In September 2008, the company sold the remaining activities of Waterproofing Division, which focuses on asphalt surfacing, waterproofing, and bituminous pavement, as well as the provision of moisture-resistant insulating materials.
