FeNB market sees stable prices and sufficient supply

Date: Jul 09, 2018

www.ferroalloynet.com: Currently, ferroniobium supplies are sufficient and ferroniobium offered prices sit in a range of 195000-205000 (cash, tax inclusive). Chinese Ferroniobium materials are mainly imported from Brazil. As Chinese ferrovanadium and vanadium-nitrogen keep rising, some steel mills , after failure of bids, want to change process to use ferroniobium. Some of them have started trial use.

Ferroniobium prices remain flat and the future price change mainly depends on the market demand.

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