October Chinese ferroniobium imports analysis

Date: Nov 29, 2018

www.ferroalloynet.com: According to latest customs data, in October, Chinese ferroniobium imports totaled 4410 tons from Brazil and Canada, up 1226 tons MoM.

In October, vanadium prices had been high and ferroniobium was welcomed by steel mills. Now, ferroniobium market is running stably. It is estimated that November ferroniobium imports will not be reduced but the prices may be impacted by both the demand from steel mills and the price decline of vanadium.

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