FeV, FeNb prices jump on tight supply

摘要

Ferro-vanadium and ferro-niobium prices both climbed by more than 4 in the week ended Friday May 21 due to tightening prompt supply in Europe at a time when spot market activity has started to increase. The availability of both the alloys in Europe has been tight since the second half of 2020 because China has been importing large volumes of material amid a better demand outlook than in Europe.