Oct 19, 2022 / 07:15AM GMT
Operator
Good morning, and welcome to the RHI Magnesita Q3 Trading Update. My name is Charlie and I'll be coordinating the call today. (Operator Instructions) I will now hand over to your host, Stefan Borgas, CEO, to begin. Stefan, please go ahead.
Stefan Borgas - RHI Magnesita N.V. - CEO & Executive Director
Thank you very much. Good morning, everyone, to listen in. Ladies and gentlemen, in our industry, we continue to operate at a very high level of volatility. This has been going on for the last 2 years. In RHI Magnesita, we have focused a lot on increasing the speed of reaction to this volatility, because these externalities we cannot influence, of course.
For the third quarter of this year, there are really 3 key messages. First one on demand. The demand for refractories on a worldwide basis remains quite solid. I'll give you a little bit more granularity in a little bit. The second key message is energy supply in Europe. We have no more risk here of being supplied. There's a cost competitiveness issue with the European plants, but the supply is ensured
Q3 2022 RHI Magnesita NV Trading Statement Call Transcript
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