Brazilian niobium prices to sustain until March

Friday, 13 January 2017 19:21:06 (GMT+3)   |   Sao Paulo
       

According to SteelOrbis sources, niobium producer CBMM is keeping the current domestic price for niobium ferroalloys, BRL 65,000/mt ($20,179/mt), ex-works, full taxes conditions, until the end of March 2017.
 
Such price is reportedly stable since April 2016, as part of a long term deal.
 
In December, Brazil exported 4,600 mt of niobium ferroalloys at $20,321/mt, FOB conditions, a reduction in volume from November by 11.4 percent, while the average price declined slightly.
 
CBMM, the world’s largest producer, exported 3,252 mt at $20,622/mt, while China Molybdenum, which acquired the Anglo American plant in the state of Goias, exported 1,289 mt at $19,613/mt, both FOB conditions.
 
The main destinations of December were Asia (2,284 mt, of which 1,865 mt to China), the EU (970 mt), Russia (320 mt) and the US (273 mt), while smaller tonnages were shipped to Canada, Africa and Turkey.
 
1 USD = BRL 3.22 (January 13)

Similar articles

France’s steel product import value down 17.8 percent in 2023

08 Mar | Steel News

France’s steel product export value down 22.4 percent in 2023

08 Mar | Steel News

France’s steel product import value down 18.4 percent in Jan-Nov

09 Feb | Steel News

France’s steel product export value down 23.2 percent in Jan-Nov

08 Feb | Steel News

France’s steel product import value down 18.6 percent in Jan-Oct

09 Jan | Steel News

France’s steel product export value down 23.5 percent in Jan-Oct

09 Jan | Steel News

France’s steel product import value down 18.3 percent in Jan-Sept

07 Dec | Steel News

France’s steel product export value down 24.6 percent in Jan-Sept

07 Dec | Steel News

France’s steel product import value down 18.2 percent in Jan-August

08 Nov | Steel News

France’s steel product export value down 25.1 percent in Jan-August

08 Nov | Steel News