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Molybdenum prices up slightly

Vanadium prices rise sharply

Higher raw materials price and bidding price, tight spot and strong futures market, the ferrosilicon spot market remain strong this week.

World steel consumption is likely to decline by 2.2pc in 2020, the OCE said.

China's crude steel output is likely to rise to 1.1bn t in 2021 to meet demand.

According to the quarterly outlook report of the Australian Department of Industrial Innovation and Science, Australia's iron ore export revenue is expected to peak at A $123 billion by 2020-21. Iron ore prices are expected to remain strong over the next six m...

Vanadium sustained upward

Molybdenum run smoothly