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India: Noble Alloy Prices

This week, molybdenum oxide (60% Mo) has been available in India at about $13.35/lb Mo CIF. Ferrovanadium (80% V) is priced at some $26.75/kg V CIF. The material is at the stocks in Rotterdam.

Monday, September 1, 2014

China: Higher FeMo Inputs to Cause Prices up

Quotations have risen in the Chinese FeMo market, because of the growth of Mo oxide, the main raw material for the alloy production.

Monday, September 1, 2014

USA: Trading to Speed up in Noble Alloy Market

Quotations of ferromolybdenum (60-70% Mo) have risen as deals are mostly closed for small batches. The market is generally quiet, inquiries being rare. The material is sold at $15.75-16.2/lbMo DDP (up 1.4% w-o-w) or $17/lb Mo DDP for prompt delivery. Molybdenu...

Monday, September 1, 2014

Europe: Trading Slow in Noble Alloy Market

This week, demand has firmed in the European market for 70% Ti ferrotitanium market. Clients have requested a total of 500t, which is why trading is expected to speed up in early September. The alloy is now offered at $6.15-6.3/kg Ti FCA Rotterdam duty paid (...

Monday, September 1, 2014

China's production of ferroalloys in July 3.0849 MT

The production volume of ferroalloys in July 2014 released by the National Bureau of Statistics of China was 3.0849 million tons, up by 9.5% from the year-earlier month but down by 11.8% from the prior month.

Monday, September 1, 2014

South Korea FeMn Alloy Market Price Kept Unchanged

Buyers have been slow to close contracts in the South Korean export market for manganese alloys in late August. High-carbon ferromanganese (75% Mn) is stillavailable at $1,000-1,050/t F0B and the material (73% Mn) - at $1,000/t F0B.

Monday, September 1, 2014

Europe: FeMo Market Awaits Price Iincrease

This week, trading has remained week in the European market for molybdenum products, the number of inquiries for ferromolybdenum shipments growing. FeMo (60-70% Mo) are voiced at $31.9-32.3/kg Mo FCA Rotterdam ($31.9-32.5/kg Mo FCA Rotterdam last week).

Monday, September 1, 2014

Chrome Ores Futures Price Decreased for Weak Demand of China (Aug.25th-Aug..29th)

This week the chrome ores quotes in Chinese spot market did not change much while some mines’ trading price, like Turkey Cr ores concentrates, decreased by RMB0.5/mtu. As the poor condition of Chinese FeCr market had last for a long time, the Cr ores futures ...

Monday, September 1, 2014
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