Europe: Trading Slow in Noble Alloy Market

  • Monday, September 1, 2014
  • Source:ferro-alloys.com

  • Keywords:ferrotitanium ferrovanadium ferrotungsten ferronoibium
[Fellow]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 (...

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 ($6.1-6.4/kg Ti FCA Rotterdam last week). According to Metal Expert?s data, 50 t have been sold at $6.2/kg Ti FCA Rotterdam and 20 t ? at $6.1/kg Ti FCA Rotterdam.

Ferrovanadium (75-80% V) is quoted at $25.75-26/kg V FCA Rotterdam duty paid ($25.8-26.3/kg V FCA Rotterdam), no deals reported.

A 20-tonne lot of ferrotungsten (75% W) is still available $39.5-40/kg W FCA Rotterdam and smaller batches ? at $40.5-42/kg W FCA Rotterdam. Demand for the alloy stays weak and deals are closed for insignificant volumes only. A batch of 5 t has been marketed in Germany at $42.5/kg W DDP.

Ferroniobium (60% Nb) is now on sale at $40.95-41.3/kgNb FCA Rotterdam ($41-41.5/kg Nb FCA Rotterdam 2 weeks ago), but clients remain uninterested.

  • [Editor:Mango]

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