IBAR-Cofermin deal eyes EU magnesia market
Published: Thursday, 29 September 2016
IBAR is aiming to provide European buyers with an alternative source of dead burned magnesia, but aggressive prices from China and slow demand for refractory magnesia products in Europe may pose hurdles to market penetration.
Cofermin Minerals GmbH & Co. and Brazilian producer IBAR
Nordeste have signed an agreement for the distribution of dead
burned magnesia (DMB) in Europe, aimed at providing an
alternative source of supply other than China for refractory
material buyers, the German company told
"Cooperation starts now. We already...