Citic Metal rolls over ferro-niobium price for Q2

Citic Metal, the exclusive sales agent in China for ferro-niobium from Companhia Brasileira de Metalurgia e Mineração, has set its quarterly price for the April-June period at 205,000-225,000 yuan ($29,035-31,867) per tonne, market sources told Fastmarkets.

The latest price is unchanged for a second consecutive quarter and is equivalent to around $44.50-48.80 per kg, according to Fastmarkets’ calculations.

The stability of Citic Metal’s quarterly price signals that the price competitiveness of vanadium alloy products over ferro-niobium in China will continue in the near...

Published

Amy Lv

April 08, 2020

06:00 GMT

Shanghai