Global noble steel alloys strategic planning outlook - Q1 2023
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Prices: short-term market-driven convergence, long-term divergence
- Demand: China-dependent with decarbonisation growth potential
- Supply: differing trajectories across noble alloys
- Molybdenum
-
Base case price forecast
- Risks to the base case
-
Niobium
- Background
- Latest outlook
- Base case price forecast
- Key risks to the base case
-
Vanadium
- Background
- Latest outlook
- Base case price forecast
- Carbon steel production trends
- Stainless steel production trends
-
Molybdenum
- Use of molybdenum in stainless steel
- Use of molybdenum in other applications
-
Niobium
- Ferroniobium demand
-
Vanadium
- Use of vanadium in steel
- Use of vanadium in VRBs and other applications
- Substitution between vanadium and niobium
- Molybdenum
- Niobium
-
Vanadium
- Vanadium feedstock
- Ferrovanadium and vanadium nitride
Tables and charts
This report includes 47 images and tables including:
- Molybdenum demand and finished supply (kt Mo)
- China net imports of molybdenum concentrate and ferromolybdenum (kt Mo)
- Molybdenum prices: recent trends
- Molybdenum prices: future trends
- FeMo conversion premiums
- Forecast crude steel production
- Forecast stainless steel production
- Finished molybdenum demand (kt Mo)
- Crude steel production (ex-stainless steel) and contained finished molybdenum
- Vehicle sales by engine type
- Forecast demand for niobium products by application
- Consumption of vanadium by application
- Vanadium consumption by region
- Molybdenum mine supply by country: base case, probable and possible
- Niobium production by country, 2023
- Niobium global production capacity
- Niobium production costs, C1
- World niobium intensity
- Niobium market balance
- Forecast demand for niobium from HSLA and non-HSLA
- Niobium cost curve
- Long-term price forecast ferroniobium 66% Nb Rotterdam
- Vanadium demand breakdown, steel vs non-steel
- Vanadium market balance
- Vanadium pentoxide 98%, Rotterdam and ferrovanadium 78-82% V, Rotterdam price trend
- Vanadium pentoxide and ferrovanadium long-term price forecasts
- Crude stainless steel production and contained finished molybdenum
- Civilian aircraft deliveries from select manufacturers (airframes)
- Molybdenum use in non-steel applications
- Niobium shipments by product type
- Ferroniobium demand in Nb
- Estimated niobium intensity by country
- Niobium consumption in ferroniobium by region
- China ferroniobium imports vs ferrovanadium 78-82% V Rotterdam
- Estimated non-HSLA niobium products shipments per category (%)
- Non-HSLA niobium demand breakdown
- Vanadium demand from the steel sector
- World vanadium steel intensity
- Estimated vanadium intensity in steel by region
- Vanadium redox battery forecasts
- Ferrovanadium vs ferroniobium prices
- World vanadium vs niobium intensity
- Vanadium production by production route
- Vanadium supply by region
- Ferrovanadium and vanadium nitride production share by country
- Vanadium pentoxide cost curve, 2023 (US$/lb V2O5)
- Ferrovanadium and vanadium nitride cost curve, 2023 (US$/kg V)
What's included
This report contains:
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