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China: FeV and FeMo Exports Increase

China raised exports of noble alloys in July. Shipments of ferrovanadium rose by 21% to 628 t. Sales to Europe totalled 260 t (up more than 2 times), those to Japan ? 130 t (up 30%), and to South Korea ? 96 t (large unchanged).

Monday, September 1, 2014

Tanggang SS signed oil pipeline steel export order

Recently, Hebei Iron & Steel Group Tanggang Stainless Steel Company reached an agreement with Yehui Technology Company Limited and signed the export contract of 2500 tonnes J55 oil pipeline steel.

Monday, September 1, 2014

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
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