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kastmagiic
Dec 9, 2022 11:57 AM

RHIM - on bull spree RHI Magnesita on path to make India low cos Long

RHI MAGNESITA INDIA LTDNSE

Description

One stop solution for all refractory product, system & service needs
Highest revenue & highest market share in Indian Refactory Industry
Market Leader in Long segment - World record of successfully casting 10000 tons through single tundish for slab caster
RHIM acquiring small refractory businesses to expand their product portfolio and customer network
The very strong domestic demand for steel is a tailwind to RHIM’s growth
Main drivers of steel demand the infrastructure plans announced by Govt. globally and Domestically the policies announced by Indian Govt. - National Infrastructure Pipeline(NIP), Jal Jeevan Mission, PLI schemes, Vehicle scrappage policy, PMAY.
Structural Shift of exports from India due to short supply from countries like China
Basic bricks and specialised refractories to diverse customer profile - mini mills, PSU, large private steel plants
Comments
AMIT-RAJAN
Nice idea
kastmagiic
@AMIT-RAJAN, Thanks. Happy Investing
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