Europe: FeNb climbs on tight supply

摘要

European ferro-niobium prices rose to almost a two-month high today as spot supply tightened, while ferro-vanadium also edged higher amid feedstock production cuts in China. Prices for 65-70pc grade ferro-molybdenum dipped to $44.40-45.15/kg duty paid today, down from $44.40-45.25/ kg on 11 November, as demand dwindled and lower prices in the Asia-Pacific region weighed on the European market.