Shipments of noble alloys to the United States declined in the second quarter, reflecting weaker demand from domestic steel producers and a narrower U.S. premium compared to the previous year.
- According to U.S. Commerce Department data released this week, total imports of noble alloys, including ferro-molybdenum, ferro-niobium, ferro-titanium, ferro-vanadium, and ferro-tungsten, fell by 14% to 6,352 metric tons.
- Shipments of ferro-molybdenum from Chile, the primary global supplier, dropped by 19% to 1,887 tons, while imports of South Korea-sourced alloys plunged by 34% to 683 tons.
- Ferro-niobium imports from Canada decreased by 11% to 1,009 tons but were largely offset by a 13% increase in shipments from Brazil, totaling 1,194 tons.
- Consolidated ferro-titanium imports from Eastern Europe—comprising Estonia, Latvia, and Ukraine—plummeted by 71% to 123 tons, while U.K. shipments fell by 36% to 267 tons.
- U.S. imports of ferro-vanadium from Austria sank by 61% to 133 tons, though Canadian imports rose by 40% to 402 tons.
- South Korea shipped only 1 ton of ferro-tungsten to the U.S. from April to June, with no imports from regular suppliers Vietnam and Mexico.
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