China’s imports of ferro-niobium tumble 43% in March vs last year
China imported around 1,820 tonnes of ferro-niobium in March, a drop of 43% from 3,200 tonnes over the corresponding period in March 2019, according to the latest official but unconfirmed data seen by Fastmarkets.
China’s imports of ferro-niobium started to fall in December 2019
when the volume slid to 2,915 tonnes from about 5,954 tonnes in the previous month. The total imported volume in the first two months of this year also marked a year-on-year drop of 55.7%
to 4,435 tonnes.
“Domestic vanadium alloy prices have been hovering at relatively low levels since late last year after falling significantly from the beginning...