Company Overview

RHI Magnesita N.V. is a global supplier of high-grade refractory products, systems, and services used in high-temperature industrial processes. The company primarily operates within the refractories, industrial materials, and metallurgical services industries, supplying essential components that enable steel, cement, glass, non-ferrous metals, and other energy‑intensive manufacturing processes. Its core revenue drivers are refractory products and integrated service solutions that are critical to customers’ production efficiency, safety, and sustainability.

The company was formed in 2017 through the merger of Austria-based RHI AG and Brazil-based Magnesita Refratários S.A., creating one of the world’s largest vertically integrated refractory producers. RHI Magnesita is differentiated by its control over key raw materials, global production footprint, and strong technical service capabilities, which together provide scale advantages, supply security, and long-term customer relationships across cyclical industrial markets.

Business Operations

RHI Magnesita operates through two primary business segments: Steel and Industrial. The Steel segment supplies refractory linings, consumables, and maintenance services to global steel producers, representing the company’s largest source of revenue. The Industrial segment serves customers in cement, lime, glass, non-ferrous metals, and other high-temperature industrial applications. Revenue is generated through product sales, long-term service contracts, and value-added digital and process optimization services.

The company maintains vertically integrated operations, controlling key raw materials such as magnesite and dolomite through captive mines and processing facilities. Its operating structure includes numerous manufacturing plants, recycling facilities, and service hubs worldwide, supported by subsidiaries such as RHI Magnesita Industrial, Magnesita Refratários S.A., and regional operating companies. Strategic partnerships with major steel and industrial producers support embedded service models and long-term supply agreements.

Strategic Position & Investments

RHI Magnesita’s strategy focuses on operational excellence, cost leadership, and sustainability-driven innovation. Growth initiatives emphasize expanding value-added services, increasing refractory recycling rates, and developing low-carbon and circular-economy solutions for customers seeking to reduce emissions. The company has invested significantly in digital furnace monitoring, predictive maintenance technologies, and alternative raw materials to enhance customer efficiency and environmental performance.

The group has completed multiple bolt-on acquisitions to strengthen its service footprint, recycling capabilities, and regional market access, including the acquisition of Resco Group in North America. It also continues to invest in raw material security, refractory recycling facilities, and emerging technologies that support decarbonization in steel and industrial production. Data on certain early-stage technology investments is limited; details are inconclusive based on available public sources.

Geographic Footprint

RHI Magnesita operates on a global scale, with major activities across Europe, North America, South America, Asia-Pacific, Africa, and the Middle East. The company’s legal headquarters are in the Netherlands, while its global operational headquarters are located in Vienna, Austria. Manufacturing plants, raw material sites, and service centers are strategically positioned close to key customer clusters and industrial regions.

The company maintains a strong market presence in major steel-producing countries, including China, India, the United States, Germany, and Brazil, and supports multinational customers through coordinated global account management. Its international footprint provides resilience against regional demand cycles and enhances its ability to supply consistent products and services worldwide.

Leadership & Governance

RHI Magnesita is led by an experienced executive team with backgrounds in industrial manufacturing, materials science, and global operations. The leadership philosophy emphasizes safety, operational discipline, customer partnership, and long-term value creation through sustainability and innovation. Corporate governance follows international standards applicable to publicly listed multinational companies.

Key executives include:

• Stefan Borgas – Chief Executive Officer
• Christian Moser – Chief Financial Officer
• Peter Hörner – Chief Operating Officer
• Sanja Bjelogrlic – Chief People Officer
• Ansgar Wapler – President, Industrial Business Unit

The board and executive management oversee strategic execution, capital allocation, and risk management across the company’s global operations.