Dead Sea Magnesium, Traxys end agreement

Feb 04, 2014 | 06:10 PM | Michael Cowden

Tags  Dead Sea Magnesium, Israel Chemicals, Traxys North America, sales agreement, magnesium, U.S. Magnesium, nonferrous, Michael Cowden

CHICAGO — Dead Sea Magnesium Ltd. has terminated its sales distribution agreement with Traxys North America LLC, according to market sources and a letter from the Israeli magnesium producer.

Dead Sea Magnesium, which had already been selling directly to some customers, will now work directly with all customers instead of going through the New York-based metals and natural resources marketing and trading firm, market sources said.....

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