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acquisitions: RHI Magnesita India aims to garner 40% refractories market share in four years backed by acquisitions, fresh capex

In an interview with PTI, Parmod Sagar, MD & CEO of RHI Magnesita India, said, "the steel sector is in a bullish phase, and steel majors expect India to add at least another 120 million tonnes of capacity over the next seven years. "We remain the most reliable refractory partners for steel makers due to our backward integration support from our global parent. We have alternate raw material sources in case the China supply chain gets disrupted." ....

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