Commodity Market Report

Global noble steel alloys short-term outlook October 2023

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Global noble steel alloy markets have continued to face headwinds from weak global macroeconomic conditions. In China, key end-use markets such as real estate and manufacturing have underperformed as the country's macroeconomic climate remains uncertain. Against this backdrop, noble alloys prices continued to come under pressure through October on declining demand from steel market. Looking ahead, price forecast for 2023 has been adjusted downwards to reflect the falling trajectory of prices in October. Please read our report to find out more about these trends, our forecast and the latest movements in the market.

Table of contents

  • Molybdenum
  • Vanadium
  • Niobium

Tables and charts

This report includes 3 images and tables including:

  • Molybdenum key forecasts
  • Vanadium key forecasts
  • Niobium key forecasts

What's included

This report contains:

  • Document

    Global Noble Steel Alloys Short Term Outlook October 2023.pdf

    PDF 2.59 MB