Citic Metal, the exclusive sales agent in China for ferro-niobium from Companhia Brasileira de Metalurgia e Minera????o, has maintained its quarterly price for October-December at 205,000-225,000 yuan ($30,562-33,544) per tonne, flat quarter on quarter, market sources told Fastmarkets.
The latest price is equivalent to around $47-51.59 per kg, according to Fastmarkets' calculations. Fastmarkets does not currently assess prices for ferro-niobium.Ferro-niobium has already lost its price competitiveness against vanadium alloys which can be used interchangeably with the former in the production of certain steel products because vanadium alloy prices have been generally on a downtrend since November 2018 due to the...