Q3 2022 RHI Magnesita NV Trading Statement Call Transcript
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.
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
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