The Ferroniobium Market Ran Smoothly

www.ferroalloynet.com:Recently, the ferroniobium market operates steadily. The imported ferroniobium65 bulk cargoes quoted 193,000-195,000 CNY/Ton in cash, and trading situation is good. At the beginning of April, quotation of Brazil ferroniobium major customers in the second quarter increased by 2%, and bulk cargo market quotation in late April slightly increased by 2000-3000 CNY/Ton. In May, vanadium prices all the way up slightly, and VN alloy rise to 4000-5000 CNY/Ton, and ferroniobium market has not adjusted. If the price of VN alloy rises again by more than 5000 CNY/Ton, and the high price of rebar steel stabilizes, the price of bulk ferroniobium may increase slightly in the same direction.

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