Demand for manganese and silicon alloys has been sluggish in the Japan's market in late August. Indian SiMn (65% Mn; 16% Si) has gone down in price to $1,050-1,080/t CIF Japan (down $25/t),
In recent period, prices for manganese and silicon alloys have been largely unchanged in the USA. SiMn (65% Mn; 17% Si) is sold in small batches at $0.58-0.60/lb ($1,280-1,325/t) DDP
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).
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.
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...
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 (...