Turkey’s Erdemir buys Kümas Magnesite

By IM Staff
Published: Friday, 15 January 2021

Turkey’s biggest steel producer, Erdemir, has bought compatriot magnesia producer Kümas, with the sale approved by the Turkish Competition Authority, the steelmaker said on Friday January 15.

Kümas is located in Kütahya, in north-west Turkey. It produces and supplies sintered and fused magnesia, caustic calcined magnesia, dolomite and alumina-based refractory materials in its integrated refractory plant. Kümas also mines its own raw materials.

The company was previously owned by...

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