Ferroniobium spot goods are reduced

Date: Sep 28, 2018

www.ferroalloynet.com: Amid the high price and the supply shortage, steel mills increase the purcashing quantity for ferroniobium obviously. The volume of ferroniobium spor goods is reduced and the traders mostly have few inventories. According to a source, the highest deal price of ferroniobium reaches 3500 rmb/dmtu, equal to 227500 rmb/ton, and the mainstream transaction prices are 210000-225000 rmb/ton. Citic Metal, the largest importer of ferroniobium in China, makes no quotation and supplys no goods this month, and will adjust the price in October (the adjustment range may be 10000-20000 rmb/ton).

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