【Ferro-alloys.com】

 

Molybdenum runs smoothly; Tungsten is running smoothly; Vanadium is still down

 

Vanadium Alloy market newsletter: Recently, the bidding situation of domestic steel mills has improved, but most of the manufacturers are in a wait-and-see state. Under the price of the manufacturers, the prices of the manufacturers have been lowered, and the latest bidding prices of the steel mills have also rebounded. This week the vanadium market slowed down, as of Friday, the price of 98% flake V2O5 is 80,000-82,000 yuan/ton，down 8,000 yuan compared to last week; the price of ferrovanadium is 90,000-92,000 yuan/ton, the same as last week; the price of VN alloy is 120,000-122,000 yuan/ton, the same as last week. In November, domestic steel mills have issued procurement bidding, the recent bidding is: steel mill in Hunan VN purchase price 123,000 yuan / ton cash tax, purchase quantity 90 tons;steel mill in Hebei VN purchase price 121,500 yuan / ton, purchase quantity 60 tons;steel mill in Huanan VN purchase price 121,000 yuan / ton, purchase quantity 80 tons;steel mill in Huadong ferrovanadium purchase price 86,900 yuan / ton, purchase quantity 120 tons; Fushun Special Steel purchase 50 tons of ferrovanadium; Dalian Special Steel 100 tons of ferrovanadium; Nangang 120 tons of ferrovanadium.

 

Molybdenum market newsletter：Recently, in the market demand-driven situation, the European market molybdenum iron, molybdenum oxide prices have risen slightly. Domestic market demand improved, and raw materials rose slightly, steel plant procurement is good, market transactions are active. Molybdenum alloy market is expected to show a stable upward trend. Molybdenum alloy prices were flat in this week, as of Friday, the domestic price of molybdenum concentrate 40%-45% is about 1,400-1,420 yuan/ton; the mainstream price of molybdenum oxide is 1,500-1,520 yuan/ton; the price of ferromolybdenum 60# is 96,000-97,000 yuan/ ton. Recently, the international molybdenum price fluctuates slightly, has the rise and the fall, the domestic molybdenum iron price is affected by the raw material cost price rise, the downstream steel factory purchases positively. In November, domestic steel mills issued procurement tenders, the following is the purchase quotation for some steel mills: Dalian Special Steel purchased 120 tons of ferromolybdenum; Valin Heng Steel 60 tons of ferromolybdenum; Fushun Special Steel 120 tons of ferromolybdenum; Hebei Puyang 30 tons of ferromolybdenum.

 

Tungsten alloy market newsletter：This week the tungsten alloy market is still in a downward trend, affected by the epidemic, tungsten iron export is difficult, the market situation oversupply, resulting in repeated price cuts, but this week has reached a bottom rebound situation. Expected in the raw materials led by the short-term market conditions are good. As of Friday, the price of tungsten concentrate 65% is 81,000-83,000 yuan/ton, the same as last week; the price of ferrotungsten is 134,000-135,000 yuan/ton, down 1000 yuan compared to last week; the price of APT is 124,000-125,000 yuan/ton,down 1000 yuan compared to last week. The following is a quotation for large enterprises: Zhangyuan Tungsten Industry: Chongyi Zhangyuan Tungsten Industry Co., Ltd., For the first half of the month of November, the price is as follows :1. Black tungsten concentrate (WO3≥55%:80800 yuan/ton, Lower than the second half of October 1200 yuan / ton; 2. scheelite concentrate (WO3≥55%):79300 yuan/ton, Lower than the second half of October 1200 yuan / ton; Ammonium paratungstate (GB zero):124000 yuan / ton, Lower than the second half of October 2000 yuan / ton. ) Tungsten Industry: Last November Half month tax acceptance price :55% wolframite 82300 yuan / ton, down 700 yuan / ton compared with the second half of October ,55% scheelite 81300 yuan / ton ,700 yuan / ton lower than the second half of October. Ammonium tungstate 126200 yuan / ton, down 1300 yuan / ton from the second half of October.