European minor metals market prices remain stable
Against the backdrop of a seasonal decline in demand, trading activity in the European ferromolybdenum market slowed down, and alloy quotations were temporarily stable. The demand in the ferrovanadium market increased slightly, and alloy quotations were also stable. On Tuesday, ferromolybdenum (60-70%Mo) quotations were in the range of $52.9-54/kg Mo DDP, which has remained stable since the end of last week. The market is extremely depressed and transactions are scarce. In addition to seasonal factors, buyer sentiment is also negatively affected by news from the Chinese ferromolybdenum market. "In China, ferromolybdenum prices are still falling despite sufficient demand and expensive raw materials. European buyers are looking to China and also expecting a decline in domestic prices in Europe," said Xiya.
Molybdenum oxide (57%Mo) prices are stable at $23.1-23.4/lb Mo DDP. Ferrovanadium (75-80%V) quotations are stable at $27.2-27.8/kg V DDP. Suppliers have noticed some growth in demand, but most market participants doubt whether demand will remain at current levels or increase in the short term.
- Export - Metals
- silicon manganese
- Inoculant
- Silicon Carbide
- Recarburizer
- Ferro Silicon
- Silicon Metal
- Ferro Manganese
- High Carbon Silicon
- Nodulizer
- Cored Wire
- Silicon briquette
- Silicon powder /Micro Silicon-Powder
- Silicon slag/Low carbon silicon
- Ferro chrome
- Calcium Silicon
- Electrolytic Manganese Flakes
- Ferro Silicon Aluminum
- Silicon aluminum barium calcium
- Silicon calcium manganese
- Silicon barium calcium
