COFERMIN Group: Are Mineral Markets in a Transition?
Founded in 2000 as COFERMIN Rohstoffe the Group today is comprised of six firms with well-established divisions for chrome, chemicals a. o. With EUR 130 million turnover generated by 55 core staff, COFERMIN is one of the world’s leading specialty industrial mineral and chemical distributors and agents. Andreas Pabst (AP), Managing Director at COFERMIN responsible for Strategy, Marketing and Business Development, was prepared to give us details on COFERMIN’s view of the global market of raw materials with a special attention to refractories. During the ICR 2021 in September in Aachen, where the dependency on Chinese raw materials and the problematic rise of logistic costs were addressed, the news from China was that a slow- or shut-down in production had been decided right at the peak time before the usual winter shut-down.