China ferro-niobium imports fall 55.7% y-o-y over Jan-Feb

Chinese imports of ferro-niobium totaled 4,435 tonnes in the first two months of 2020, recording a year-on-year drop of around 55.7% from about 10,010 tonnes over the corresponding period of 2019, according to official but unconfirmed data seen by Fastmarkets.

The significant decline in the imports over January-February came after China’s ferro-niobium imports fell to 2,915 tonnes last December, down by 51% month on month from 5,953 tonnes in November and 26.1% from about 3,947 tonnes in December 2018.

The continued drop in ferro-niobium imports reflects Chinese mills' reduced buying interest after the product gradually lost its price...


Amy Lv

April 02, 2020

13:40 GMT