Commodity Market Report
Global noble steel alloys short-term outlook February 2024
Report summary
February was a month of stability for the noble steel alloys markets; market activity was quiet over the Chinese Lunar New Year. Molybdenum, vanadium and niobium prices remained firm despite limited transactions, showing some signs of strength in the latter weeks as China returned to the market. Demand growth will drive price gains for vanadium and niobium in Q2 this year, but molybdenum prices face downwards pressure in 2024 from improving supply. Please read our report to learn more about these trends, our forecast, and the latest movements in the market.
Table of contents
- Molybdenum
- Vanadium
- Niobium
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global noble steel alloys strategic planning outlook - Q1 2024
The latest noble steel alloys strategic planning outlook forecasts global supply, demand and prices for molybdenum, vanadium and niobium.
$10,000
Commodity Market Report
Global noble steel alloys short-term outlook January 2024
Wood Mackenzie's latest short-term view on molybdenum, niobium and vanadium markets.
$5,000
Commodity Market Report
Global noble steel alloys short-term outlook November 2023
Wood Mackenzie's latest short-term view on molybdenum, niobium and vanadium markets.
$5,000
