Ferro-alloys News, 07 March 2014 Europe: noble alloy demand modest Trading has been modest in the European market for noble alloys early this month. This week, FeV has been offered at $24.8-25.6/kg V FCA Rotterdam, down 0.6% w-o-w. Up to 20-tonne batches have been sold at $24.8-24.9/kg V FCA Rotterdam, 3-5-tonne batches – at $25.1-25.5/kg V FCA Rotterdam and 1-2-tonne batches – at $25.5-25.6/kg V FCA Rotterdam. FeW (75% W) is available at $46-46.8/kg W FCA Rotterdam (up 0.1%) or $45.8-45.9/kg W FCA Rotterdam for prompt delivery. Offers from China are coming at $45-45.2/kg W FCA Rotterdam. A German trader sold 2 trucks of the alloy at $45.75/kg W FCA Rotterdam. A 5-tonne batch has been realized at $46.75/kg W FCA Rotterdam. FeTi (70% Ti) is tagged at $5.8-6.1/kg Ti FCA Rotterdam, down 2.5%, a deal for 20 t being closed at $5.9/kg Ti FCA Rotterdam. The talks on supply of 24 t of Russian FeTi at $6.1/kg Ti DDP are held at the moment. A producer has offered 1 truck of the material to a German trader at $5.8/kg Ti FCA Rotterdam, but it refused to sign the contract waiting for a further price decrease.
Posted on: Tue, 11 Mar 2014 10:58:33 +0000
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